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$WMT reiterated its FY17 EPS guidance of $4.29-4.49 and adjusted EPS outlook of $4.15-4.35. For FY18, $WMT sees EPS to be relatively flat to FY17 adjusted EPS. Capital investments are expected to be about $11Bil for FY18, as $WMT moderates new store openings, accelerates the pace of remodels and invests in e-commerce and digital initiatives.
$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?