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In spite of strong fundamentals and expectations for continued margin expansion, comparable operating profits for $CAG's Consumer Foods segment in 2Q16 are anticipated to be negatively impacted by ForEx and a planned increase in marketing investment. Commercial Foods' profits are expected to post an increase in profitability YoverY in 2Q16.
$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?