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Department store retail chain $KSS posted 4Q15 net income of $296MM, which fell 20% from $369MM in 4Q14. Diluted EPS declined 14% from last year to $1.58. Total sales in the quarter grew 0.8% to $6.39Bil. Sales in 2015 were $19.2Bil, which grew 1% from $19.02Bil in 2014.
$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?