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For FY16, $COH expects its Coach Brand directly operated square footage to be up low-single digits globally. Internationally, distribution of growth will be led by Europe and China where the company can continue to project double-digit increases in square footage. $COH expects to open approx. 10 new directly operated locations in 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?