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In the Americas, $FOSL's 3Q15 reported sales decreased 11% to $391MM, a 10% constant dollar decrease, driven by watches as the decline in the category offset modest growth in leathers & jewelry. Across brands, constant dollar sales for Armani brands, Skagen & Fossil increased during the quarter & continue to benefit from the Kate Spade New York.
$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?