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Ready-to-eat cereal maker $K still expects to achieve in 2016 its long-term target for currency-neutral comparable net sales of 1-3% and that for operating profit growth of 4-6%. $K still expects to meet operating profit growth even if current sales-growth trends continue and 2016 sales growth is at the low-end of long-term target range.
$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?