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$ASNA's Justice brand delivered GM dollar growth of 17%, with comp sales down 4% for 4Q16, caused by a 10% decline in store traffic. Lane Bryant had a 1% comp sales growth for the quarter, while Maurices' performance remained challenging with comp sales down 9%, attributed to a 11% decline in store traffic.
$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?