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$WSM expects 1Q16 non-GAAP EPS of $0.48-0.52 and net revenues of $1.07-1.09Bil. Comparable brand revenue growth is expected to be 3-6% for 1Q16 and FY16. For FY16, $WSM sees non-GAAP EPS of $3.50-3.65 and net revenues of $5.15-5.25Bil. $WSM sees 2016 non-GAAP operating margin of 9.8-10%, income tax rate of 37-38% and capital spending of $200-220MM.
$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?