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David Tarantino from Robert W. Baird probes on the impact of the promotional approach being used on the value side. $JACK said that looking at the two year comparisons, it was strongest in the last period, which is the best indication how well the promotions are working for the company.
$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?