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$WBA's retail sales for 1Q16 decreased 0.9% YoverY and were 31.6% of the division's total sales. Comparable retail sales decreased 0.6% for 1Q16 compared to rise of 1.5% last year. The decrease in comparable retail sales in the current quarter was composed of a decline in customer traffic partially offset by increased basket size.
$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?