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$VIPS 2Q15 Q&A: Hellawell of Deutsche Bank requested some color on the cosmetics business. Millicent replied that 2Q15 beauty overall GMV was $246MM and that slightly compared to 1Q15 because the company had a major promotion on cosmetics in this year. Continues to believe that in future cosmetics is the major category for Vipshop, added Millicent.
$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?