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For FY17, $PH expects total sales to be in the range of negative 1.5% to positive 2.1% as compared to the prior year. Sales are divided as 48% in 1H17 and 52% in 2H16, which is a normal distribution of a split in a year for $PH. This forecast excludes any acquisition and divestitures that might close during FY17, the company said.
$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?