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Athletic footwear and apparel retailer $FL achieved a comparable sales gain of 2.9% in 1Q16, despite basketball footwear being down mid-single digits. Total company footwear comps were up mid single digits with strength in lifestyle running and classic style more than offsetting the decline in basketball shoe sales.
$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?