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During 4Q16, inflation was essentially flat at 3 BP vs. 4Q15, marking the lowest level of quarterly inflation in at least 7 years. While $UNFI saw modest inflation in its center-of-the-store, it experienced deflation across its fresh business. Channel-wise, supernaturals net sales rose 4% vs. 4Q15, representing approx. 33% of total sales.
$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?