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Anna Andreeva of Oppenheimer asks about $PLCE's 2Q16 comp guidance. CEO Jane Elfers said due to weather swings between East and West and the Memorial Day holiday moving out of May and into June, there will be pressure on May resulting in a more modest comp for 2Q16 versus 1Q16. But $PLCE is guiding for positive comp and margin expansion in 2Q16.
$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?