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Specialty apparel retailer $EXPR said 2Q16 sales and earnings came in below guidance reflecting a decline in store traffic. The company identified and is executing against $14MM in annualized expense reductions. The inventory level is in good shape and $EXPR launched several major IT systems in May and at the beginning of August.
$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?