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For 2Q17, $SIG expects same store sales growth of 1-2%, EPS of $1.39-1.46 and adjusted EPS of $1.49-1.54. For FY17, $SIG expects same store sales growth of 2-3.5%, EPS of $7.88-8.23 and adjusted EPS of $8.25-8.55. Effective tax rate is expected to be 27-28%, Capex will be $315-365MM and net selling square footage growth will be 3-3.5% in FY17.
$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?