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$LB 2Q15 Call: We continued to deliver sales growth, merchandise margin rate improvement, and sound inventory management. Earnings per share increased 8% to $0.68 versus $0.63 last year. Excluding the $0.02 negative impact from foreign exchange rates, earnings growth was 11%. Net sales for quarter increased 3% to $2.765Bil and comps increased 4%.
$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?