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$GIS cut its full-year 2016 sales forecast to reflect the impact of the Green Giant divestiture. $GIS said it now expects full-year net sale to fall in low single-digit rate from the 2015 levels on a constant-currency basis. It had earlier said it expected sales to stay flat in 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?