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Louisville, Kentucky-based $YUM said company-wide all four of its divisions posted positive same-store sales and operating profit growth in constant currency in 1Q16. The company stated that it is on track to finalize the spin-off of the China business by year-end 2016, creating two powerful independent-focused growth companies.
$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?