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$TJX 2Q16 Q&A: Hutchinson of Bank of America Merrill Lynch asked if TJX continues to see opportunity of goods coming out of last year and early this year as ports slowed down. Scott answered that there was always stragglers of merchandise that was stuck in the ports. In terms of the magnitude relative to businesses, it was not that big.
$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?