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$BBY 2Q16 Q&A: Binder of Jefferies & Co. asked about change in labor model and the Dotcom acceleration. Hubert answered that online in mobile is a much bigger part of business than just online sales. Focus in store is on customer experience. First physically & together with vendors, BBY has invested significantly in physical experience in 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?