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Moline, Illinois-based $DE expects total farm cash receipts to be about $394Bil in 2016, roughly flat with 2015. Global grain stocks-to-use ratios remain at sensitive levels. Global grain and oil seed demand stays strong while supplies are adequate. Unfavorable growing conditions in key regions and geopolitical tensions could result in price rises.
$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?