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For FY16, $PLCE expects currency to negatively impact adjusted diluted EPS by approx. $0.08. Adjusted GM is expected to leverage 110-130 BPs and adjusted SG&A is expected to leverage 20-30 BPs versus FY15. Adjusted operating margin is expected to grow 130-140 BPs to 7.7-7.8%.
$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?