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Ali Dibadj of Sanford Bernstein asks about price mix vs. volume. $PG said looking at price inclusive of promotion as a component of topline, the company has been neutral to positive for 23 straight quarters and 12 consecutive years. $PG added it has no interest in spending unproductively and the intent is to drive category growth.
$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?