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$HRL 3Q15 Call: Refrigerated Foods finalized the purchase of Applegate on July 13, 2015. Refrigerated Foods grew operating profit 9% inclusive of incurring $8.6MM in transaction costs related to the acquisition of Applegate. Results were driven by lower pork input cost and strong performance by our value-added retail and food service businesses.
$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?