Want to join the conversation?
$WMT 2Q16 Call: Walmart International net sales grew 2.8% on a constant currency basis, despite headwinds in Latin America from lapping last year’s World Cup and the timing shift of Easter. The U.S. dollar led to a currency impact of $4.2Bil, resulting in a 9.6% sales decline on a reported basis. Comp sales were positive in Mexico and Canada.
$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?