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$BBBY said that for FY16, the company expects comp sales increase of 1-2% with total sales being about 90BP higher than the comp. The company is modeling the full year impact of tech investments to be approx. $0.17 per diluted share. $BBBY expects FY16 depreciation expense of $290MM and expects to open approx. 30 new stores across all concepts.
$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?