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$DG's merchandise inventories were $3Bil at FY15-end, up about 4.3% on a per store basis YoverY. This increase was impacted by on-shelf availability initiative, the load-in for the new DC in San Antonio and the timing of receipts due to an early Easter, coupled with the company's sales performance. Cash from operations was $1.4Bil for the year.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.