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$TSCO, which competes with rival $HD, said for 2016 it targets 20-25 BPs improvement in EBIT margin compared to 2015. The company expects to open 115-120 new stores, with approx. 50% scheduled to open in 1H16. $TSCO said it will transition Del's stores to Tractor Supply markets and expects to close 15 Del's stores, as it backfills the Northwest.
$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?