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For 2016, $PVH expects revenue to rise 2% versus 2015, reflecting an increase of about $120MM due to the TH China acquisition and a reduction of about $55MM related to the proposed JV for Mexico, which would impact 2H16, mainly in the Calvin Klein business.
$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?