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Zachary Fadem of Wells Fargo asks about the drivers of the conversion in total broadline vs. the local case growth. $SYY said at any point of time one segment may be growing little faster than the other, but the company is looking to grow both in the right way. $SYY added that it is making great strides on this over the last year or two.
$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?