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$DRI said in Nov. 2016, it will lap the completion of its real estate transactions last year. As such, the company will incur approx. two-thirds of the incremental quarterly rent and depreciation impact it has been experiencing. The company will have a full quarter of interest savings relative to last year.
$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?