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Jason Bazinet of Citi asks about studio division. $CMCSA said five years ago the company had one franchise. Today there are eight franchise and are hard at work building more. The company spends a lot of time figuring out where films are in the arc of their franchise. $CMCSA has made good progress in the last five years.
$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?