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Pampers, Tide detergent and Olay beauty products maker $PG reported a 28% jump in 3Q16 earnings on impairment charges related to Batteries business and gain on sale of business. Net income rose to $2.75Bil or $0.97 per share from $2.15Bil or $0.75 per share last year. Core EPS declined by 3% to $0.86, while currency-neutral EPS were unchanged.
$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?