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When asked about $TSN's longer-term areas of interest in terms of M&A, CFO Dennis Leatherby declined to comment on M&A, but said the company is focused on growing its brand and presence internationally. He also added that value-added poultry, prepared foods, international growth are the areas that the company intends to focus going forward.
$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?