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$HNI said Hearth sales are expected to be flat to down 4% in 2Q16. New construction channel sales are expected to be strong, up 10-14%. The company is projecting retail pellet sales to be down 26-30% and retail non-pellet sales to be down 10-14%. Non-GAAP SG&A is expected to be comparable to 2Q15 amount of $167MM.
$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?