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Citing earnings shortfall coupled with integration headwinds in 3Q15, $AAP cut is FY15 adjusted EPS down to $7.75 to $7.90. Additionally, $AAP is planning to close 30 stores during 4Q15, and expects the one-time expenses from the closures to be between $10-15MM in 2015.
$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?