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Alexia Howard with Sanford Bernstein asks if the category volumes are expected to stay flat going forward or rebound. $DF said that thinking about the category as a whole the same turnaround is seen as in butter to some degree. $DF concluded that it doesn't think it's going to flatten out but will continue to grow over the next few quarters.
$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?