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$GIS stated that its US Retail segment delivered strong YTD profit growth and marginal results so far this year. The company is experiencing headwinds in its yogurt business and in display merchandising, which is dampening the sales results. $GIS expects to expand the segment's operating profit margin by more than 100 points for 2016.
$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?