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$VOXX expects the gross margins in Premium Audio to stay pretty well constant. As it introduces new product, the company has the ability to set the new prices. The company is anticipating that it will be able to hold margins pretty much where it is right now, and it will be somewhere in the 33-34% range.
$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?