Want to join the conversation?
$PG reported 2Q16 net sales of $16.9Bil, down 9% from 2Q15, due primarily to foreign exchange impacts. Organic sales, which exclude the impact of foreign exchange and acquisitions and divestitures, grew 2% in the quarter, while organic volume declined 2%. Pricing increased net sales in all five business segments and increased total net sales by 3%.
$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.