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$MDLZ, known for brands like Oreo and Halls, reported weak performance across all its operating regions in 1Q16 with Latin America and Europe having steep declines. On YoverY basis, revenue from Latin America fell 35%, Europe fell 23% and EEMEA fell 21.3%. Revenue from APAC and North America declined moderately to 2.3% and 0.4%, respectively.
$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?