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$CHD's gross margin for 1Q16 increased by 80 basis points from last year, due to lower commodity costs of 120 points, the impact of higher margin acquired business of 20 points and price/volume mix of 10 points, partially offset by higher manufacturing costs of 30 points and unfavorable foreign exchange rates of 40 points.
$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?