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Jason West of Credit Suisse asks about cost savings. CFO Rick Cardenas replied that $DRI is going to continue to look for cost savings where it makes sense and where it does not impact the guest experience and use those cost savings to continue to improve the value equation at all of the brands, especially at Olive Garden.
$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?