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George Sutton of Craig-Hallum asks about the consignment opportunity in China in 2H16. $BID CEO Tad Smith said that the consignments in 2H16 will not be quite as strong as 1H16. He added that there are people who are willing to buy and they are buying, which will also be true in 2H16 and the company does not see any reason for this to change.
$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?