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$HSY, which competes with $MDLZ and Nestle, said the company's selling, marketing and administrative expenses declined 5% in 4Q15 due to lower employee related costs. selling, marketing and administrative expenses includes investments in non-advertising brand-building and go-to-market capabilities in both the U.S. and international markets.
$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?