Want to join the conversation?
$KO now expects organic revenues to be up 3% in 2016. The net impact of acquisitions, divestitures and structural items on net revenues is predicted to be a 6 to 7 point headwind, and based on the current spot rates, currency is projected to be a 2 to 3 point headwind, including the impact of hedged positions for the full year.
$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?