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Off-price retailer $TUES reported a narrower quarterly loss, helped by a special gain. The company reported a 4Q16 net loss of $3.9MM, or $0.09 per share, compared to a net loss of $4.2MM, or $0.10 per share a year ago. The Company recorded a gain on sale related to a sale-leaseback transaction of $2.5MM in the quarter. Revenue rose to $222.8MM.
$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?