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$PVH expects 1Q16 non-GAAP EPS of $1.40-1.45 and revenue growth of about 3% on constant currency basis and about 1% on GAAP basis. Excluding negative impact of FX rates, non-GAAP EPS for 1Q16 is expected to rise 27-30% compared to $1.50 non-GAAP EPS in 1Q15. $PVH sees 1Q16 effective tax rate of 23-24% and interest expense of $28-30MM.
$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?