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$CL 2Q15 PR: Net sales for the quarter were $4,066MM compared to $4,352MM in 2Q14, a decrease of 6.5%. Global unit volume grew 3.0%, pricing increased 2.5% and foreign exchange was negative 12.0%. Organic sales grew 5.5%. Net income attributable to Colgate-Palmolive Company for the quarter was $574MM compared to $622MM in the same period last year.
$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?