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Fresh egg producer $CALM reported a 4Q16 loss, hurt by the Avian Influenza outbreak that occurred in the spring of 2015. $CALM said the outbreak significantly affected egg supplies and prices in the quarter in which it reported a loss of 1 cent per share, compared to a profit of 96 cents per share a year ago. Revenue fell 25% to $303mm.
$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?