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David Mann of Johnson Rice enquires about the guidance for Men's Wearhouse. $TLRD stated that it saw a slowdown in business after June and the trend has fluctuated since then. Based on this softening, the company has taken a conservative outlook on the balance of the year and this is reflected in the guidance.
$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?