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Effective Dec. 31, 2015, $CL changed its accounting method for its Venezuelan operations and in future periods will no longer include the results for the same in consolidated financial statements. $CL expects the EPS impact resulting from this accounting change to be about negative $0.10 for full year 2016 and negative $0.02-0.03 per quarter.
$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?