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During 2Q17, $STZ's wine and spirits business grew earnings and expanded margins while continuing to drive share gains. Organic beer net sales increased 15% primarily due to volume growth of 13% and favorable pricing. Beer depletion growth came in at 14%. Wine and Spirits net sales on an organic constant currency basis grew 8%.
$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?