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$SPLS said it 2Q16 sales declined 4% vs. 2Q15. Non-GAAP diluted EPS of $0.12 excluded pretax charges of $986MM mainly due to impairment of goodwill and other assets and costs related to the termination of the $ODP merger. Gross profit dollars fell $67MM vs. 2Q15, excluding a $4MM charge related to $SPLS' decision to exit certain lines of business.
$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?