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JP Morgan analyst Tom Palmer probes that in the Food segment, what areas were strong that led 1Q16 results being good and more comparable with 4Q15. $DAR CEO Randall Stuewe said the Food segment was acquired by VION and is anchored by the gelatin business and the edible fats business. The gelatin business remains robust.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?