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$WMT said in Walmart U.S. comparable sales were up 1% in 1Q17, despite continued impacts from deflation in Food, which the company estimates impacted its total comp by approx. 60 BPs relative to 1Q16 comp. The company added that e-commerce contributed approx. 20 BPs to the overall comp.
$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?