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$AZO to roll out more frequent distribution center deliveries & more mega hub locations over the next few years and to open 2 or 3 new domestic distribution centers over this time. $AZO to incur an approx. 20-30BP gross margin headwind along these investments alone.
$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?