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In 2Q16, $HBI's Innerwear segment sequential sales grew, with sales up 10% in June and growth continuing into July. Segment operating margin was 24.2%. Activewear sales declined as the US Champion business was flat versus 2Q15. Activewear's operating margin held above 15%, driven by SG&A control.
$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?