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$KHC's topline results have been mixed. On the positive side, the company has had success with innovations such as Lunchables, P3 and Heinz yellow mustard. The company's sauces business in Asia-Pacific is doing well and it is benefiting greatly in Europe from an improved product mix and higher investments in marketing behind $KHC's brands.
$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?