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Credit Suisse analyst Edward Kelly questions about the impact of e-commerce, California and new corporate headquarters from a cost perspective moving forward. $FIVE says that it launched e-com and additional California costs that all baked into the guidance in 2016. All the costs and investments made before were factored in through 2020.
$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?