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$UA said, as a result of the impairment charges related to the liquidation of The Sports Authority stores, the company now expects 2016 net revenues of approx. $4.925Bil, down from its prior expectations of sales of $5Bil. The company also forecast 2016 operating income of approx. $440MM to $445MM.
$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?