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In 2016, $ZUMZ expects to open 22 new stores in North America, including 6 in Canada, versus original outlook of 27. In Europe, company projects 7 new stores in 2016 versus 6 in 2015. $ZUMZ expects CapEx to be $24-26MM, D&A to be about $29MM, effective tax rate to be about 37.5% and diluted outstanding share count to be about 25MM shares in 2016.
$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?