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$TSCO's gross margin for 2015 rose by 30 basis points to 34.4% from 34.1% last year. This rise principally reflects improved direct product margin, which was as result of strong execution on 4 strategic margin initiatives that includes inventory and markdown management, strategic sourcing, exclusive branding and retail price management.
$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?