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Brewing company $TAP said that volume for its number one UK beer brand Carling, fell by 2.2% in 1Q16 due to weak consumer demand in the beer market, while Coors Light global volume rose by 3.5% vs. 1Q15. Molson Canadian volume in Canada fell by 3.7% and Staropramen volume fell by 4.5% driven by slightly lower volumes in Czech Republic & Germany.
$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?