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Scot Ciccarelli of RBC asks whether there is an estimate for the impact of cannibalization in 4Q15. $DLTR CFO Kevin Wampler replied that the effect was a little less than 0.5%, which was all related to re-bannering. Without this re-bannering, the company would have been about 2%, added Kevin.
$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?