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$TSN 3Q15 Q&A: David from RBC Capital: Presumably, one of the benefits of a pressured pork market might be on the margins you get on Prepared foods, was that a benefit there? Dennis, CFO: Yes, we did see improvements in Prepared foods due to lower raw material costs. We did see raw materials are down & it’s a benefit to our Prepared foods business.
$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?