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$VIPS 2Q15 Call: G&A expenses were RMB286.7MM vs. RMB225.9MM in 2Q14. As a percentage of total net revenue, G&A expenses decreased to 3.2% from 4.4% in 2Q14, primarily reflecting the scale effect associated with the rapid growth in total net revenue.
$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?