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In 2015, $KSS' comparable sales rose 0.7%, an increase over the sales declines reported prior to launching the Greatness Agenda. GM fell approx. 30 BP to 36.1% in 2015. GM was especially challenging in 4Q15 due to a very competitive holiday season and deeper discounts on cold-weather apparel, which did not sell due to unseasonably warm weather.
$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?