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Piper Jaffray analyst Mike Olson asks $GME to project where GM will be for 2016 and how much it will grow annually going forward for next few years. CFO Robert Lloyd says that the seasonality of Gamestop stores being different than those of Tech Brands is going to impact GM rate moving forward.
$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?