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$HBI cut its 2016 GAAP EPS guidance to $1.44-1.54 from prior range of $1.51-1.57 and its operating profit outlook to $760-795MM from $780-815MM. COO Gerald Evans Jr. said $HBI's growth initiatives for 2H are unfolding as planned and are tracking to full-year guidance of 8% growth in net sales at midpoint and double-digit growth in EPS.
$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?