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$PLCE expects to pilot its first omnichannel initiative, "Reserve Online, Pickup in Store" in 3Q16 in 102 stores across 3 states. On fleet optimization, company expects to close 200 stores in the period from 2013-2017, including the 115 stores already closed. $PLCE is on track to start selling in China in late 2016, early 2017 timeframe.
$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?