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For FY17, $SBUX expects approx. 1,900 net new store openings. Consolidated revenue growth is expected to be approx. 10% on a 52 week basis and GAAP EPS is expected to be $1.88-1.89 due to the gain on sale of Germany retail operations. Non-GAAP EPS is expected to be $1.88-1.89 for FY17. For 4Q16, GAAP EPS is expected to be $0.53-0.54.
$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?