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Michael Binetti of UBS asks about $FL's composition of launches and inventory. CEO Richard Johnson said the team has done well on shifting inventory into some of the casual businesses and the launch cadence for the rest of the quarter lines up favorably.
$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?