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Discount retailer $DG reported a rise in 2Q16 earnings driven by higher sales. Net income rose to $306.52MM or $1.08 per share from $282.35MM or $0.95 per share last year. Net sales grew to $5.39Bil from $5.1Bil, as growth was positively affected by sales from new stores, modestly offset by sales from closed stores.
$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?