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$KORS said that its Retail business delivered good growth across geographies driven by strong double-digit sales increases in digital flagships and new store openings. Global comparable reported sales rose 0.3% for this segment. Wholesale segment sales grew 4% in 4Q16 on a reported basis, while Licensing revenue fell due to lower watch sales.
$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?