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Bill Schmitz from Deutsche Bank asks about the FY17 GM outlook as there is lot of favorability going into the year. $BF.A $BF.B CFO Jane Morreau said the company is expecting its GM to be flat next year and it's because the company is not expecting much in the way of pricing and the cost is going to go up modestly.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.