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$CLX 4Q15 Call: On 2020 strategy to a question from Chris of Wells Fargo, Steve said the 1 percentage point increase in promo spending over time is still the right target. It’s working as one can see in topline and share growth, and also given that CLX is interested in profitable growth. So, it’s still the right number, he reiterated.
$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?