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$KSS said for 1Q16 it reported $64MM of expenses related to store closures and corporate restructuring announced earlier this year. The charge includes $53MM of impairment charges on the 18 stores, which the company will close later this year. The balance $11MM is mainly termination benefits for employees impacted by the closures and restructuring.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!