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$KR's gross margin for 2015 rose to 22.16% from 21.16% in 2014. This resulted primarily from fall in retail fuel sales and reductions in transportation costs and decline in LIFO charge, as a percentage of sales, partially offset by continued investments in lower prices for customers and increased shrink costs, as a percentage of sales.
$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?