Want to join the conversation?
$LEN said the company has been working on reducing customer acquisition costs. The company has been moving advertising and marketing spend away from conventional marketing to a digital platform. In 2Q16, $LEN saw the benefit of this focus as SG&A was reduced significantly to 9.3%.
$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?