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$KHC's 3Q15 US pro forma net sales were down 3.7% versus 3Q14, while volume/mix declined 3.9 percentage points due to lower shipments in ready-to-drink beverages and boxed dinners. The company's Canada and Europe pro forma sales were down 18.9% and 13.9% respectively, while Rest of World pro forma sales were down 25.3% vs. 3Q14.
$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?