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CL King analyst Mike Gallo asks what amount of the SG&A increase occurred during 1H16. $PLKI says that G&A was always front-end loaded for the company and that will remain as planned. The company has reaffirmed its earnings guidance assuming that it will continue to implement its strategic initiatives. They are in $PLKI's plan.
$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?