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Handbag and accessories company $VRA reported a decline in 2Q17 earnings due to lower revenues. Net income fell to $5.11MM or $0.14 per share from $5.72MM or $0.15 per share last year. Revenue slid to $119.25MM from $120.72MM. Comparable sales fell 5.7%, on 5.9% drop in comparable store sales and 5.4% decline in e-commerce sales.
$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?