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For FY16, $WFM expects a YoverY decline in operating margin of up to 70 BP and expects GM investment to be partially offset by a sequential raise in SG&A leverage. Company expects EPS to be $1.53 or greater for full year 2016 and $1.07 or greater for remainder of FY16.
$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?