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Peter Keith of Piper Jaffray asks about the competitive environment. $BIG said it competes with big store chains and dollar stores. The company has not seen anything irrational so far from a pricing viewpoint. Food is not 50% of $BIG's business so it does not see impacts from food deflation. $BIG has not faced any matters of concern so far.
$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?