Want to join the conversation?
CEO Michael Glazer said that this is a challenging time for retail, especially in core geographies where $SSI operates. The company expects sales to remain under pressure in the near term given its exposure to the oil patch and Mexican peso. $SSI expects to close approx. 30 stores in 2016, as part of its plan to close the underperforming stores.
$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?