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$GIS' net sales for U.S. Retail segment for 1Q17 fell by 8%, with rise in Snacks operating unit more than offset by declines in other units. International segment sales slid 6% on FX headwinds and divestiture of Green Giant in Canada. Sales for Convenience Stores and Foodservice segment declined 7% on market index pricing on bakery flour.
$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?