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For FY16, $NKE said sportswear grew 22% and reached $8.1Bil, adding about $1.5Bil in revenue in the category alone. In 1Q17, the company said it will continue to clear excess inventory through its factory stores and select third-party value channels.
$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?