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$CAG 4Q14 Call -John, CFO: Consumer Foods operating profit adjusted for items impacting comparability was $319MM or up 20% vs. 4Q14. Increase in profit reflects higher sales & gross margin expansion, partially offset by higher marketing & SG&A costs. Gross margin expanded over 200Bp vs. 4Q14, mainly driven by pricing, mix improvement & cost savings
$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?