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$SJM expects FY17 net sales to decline in range of 2-3%, reflecting the U.S. canned milk divestiture. Excluding the impact of divestiture, net sales are expected to range from flat to down 1%. The change in sales guidance is based on a reduced net sales forecast for U.S. Retail Pet Foods.
$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?