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$YUM said China division's same-store sales grew 6% in 1Q16, led by 12% same-store sales growth at KFC. KFC business represents about 75% of the company's operating profit in China. $YUM stated that it saw particular success at KFC during the Chinese New Year with bucket meals, ranging from kids' buckets to larger group meals.
$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?