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$TGT, the second-largest discount retailer in the United States, said sales in 1Q16 came in lighter than expected. Comp sales in its signature categories; style, baby, kids and wellness grew more than three times the company avg. In the quarter, the company said it was able to refinance some high cost debt by issuing new debt at attractive rates.
$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?