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In 3Q16, $GIS' US Retail segment net sales fell 7% hurt by the Green Giant divestiture. International sales fell 13% due to negative foreign currency exchange effects. Convenience Stores and Foodservice sales fell 2% in 3Q16. On Joint Ventures, constant-currency net sales grew 22% for Haagen-Dazs Japan and fell 1% for Cereal Partners Worldwide.
$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?