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$FINL's merchandise inventories as of Feb. 27, 2016 grew 9.6% to $376.5MM versus $343.4MM as of Feb. 28, 2015. The increase was driven in part by a seasonal build in merchandise inventories associated with an earlier Easter versus last year. Merchandise inventories grew double digits at Macy's and JackRabbit and mid-single digits at Finish Line.
$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?