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Restaurant chain $BOBE reported a rise in 1Q17 earnings driven by lower costs and expenses as well as volume growth. Net income rose to $9.16MM or $0.46 per share from $4.28MM or $0.19 per share last year. Net sales fell to $306.32MM from $321.71MM. Non-GAAP EPS decreased to $0.48 from $0.51. Same-store sales declined 4.3%
$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?