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$JCP said that in July, all of its divisions comped positively & also experienced positive customer traffic. The company also improved its GM, reduced SG&A and effectively managed inventory in the quarter. $JCP is planning to open four more locations later this fall and said its new locations are generating the best grand opening results ever seen.
$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?