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Casual dining restaurant chain $DRI reported a rise in 4Q16 earnings driven by lower operating costs and expenses and a decline in net interest expense. Net income rose to $139.6MM or $1.09 per share from $105.3MM or $0.82 per share last year. Sales fell to $1.79Bil from $1.88Bil in 4Q15, which included the impact of extra week of operations.
$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?