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Bryan Spillane of Bank of America Merrill Lynch seeks $KHC's perspective on the challenging environment and declining consumption. COO Georges El-Zoghbi says the challenges accelerated aover the past 12 months. The company is trying to counter the trend by investing more in new product development program to support the company's big brands.
$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?