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$DRI 4Q15 Call – Bradford, CFO: Adjusted EBIT margin expanded at greater amount than in 3Q14. This was result of reduced discounting at Olive Garden, a more normalized commodity cost environment, greater cost savings, leveraging our positive same-restaurant sales, & contribution of 53rd week; & also 50BP of restaurant expense improvement in 4Q15.
$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?