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Wells Fargo analyst John Baumgartner asks about the changes in the DSD system. $K says that it in its current grocery channels, it has the opportunity of service by DSD to expand the formats in those channels, as well as outside of the traditional grocery channels. The company will be pushing those initiatives into the DSD system as early as 2H16.
$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.