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$BBY 1Q16 10-Q: On February 13, 2015, BBY completed the sale of Five Star and recognized a gain on sale of $99MM. Following the sale of Five Star, the company continues to hold one retail property in Shanghai, China, which remains held for sale at May 2, 2015, as it continues to actively market the property.
$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?