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Chain of supermarkets $WFM posted lower earnings in 3Q16 due to lower operating income and income before income taxes. Net income was $120MM or $0.37 per diluted share vs. $154MM or $0.43 per diluted share in 3Q15. Net sales rose 1.9% to $3.7Bil vs. 3Q15 and comparable store sales fell 2.6% during the quarter.
$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?