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During 4Q16, in the Americas, $RL's net revenue declined 1% in constant currency driven by pressure in the North America business. In Europe, net revenues were up 4% in constant currency. In Asia, net revenue growth of 3% in constant currency was muted by decline in same-store sales, which was hurt by the markdown strategy in Japan and Korea.
$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?