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$CAG, one of North America's largest packaged food companies, today reported 1Q16 net sales of $2.79Bil. Net sales grew 1.1% when compared to the same period in 2014, and declined 32% sequentially. Income from continuing operations was $167.2MM or $0.38 per diluted share compared to $96.2MM or $0.22 in the year-ago period.
$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?