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$LOCO and its franchisees began remodeling program in 2011 and as of July 1, 2015, $LOCO had remodeled 243 system-wide, over 50% of its restaurant system. On average, the cost of $LOCO's restaurant remodels investment is $270,000 per restaurant. $LOCO expects its remodeling program to result in higher restaurant revenue and strengthened brand.
$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?