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$VFC 2Q15 Call: Sportswear revenue grew 1 percent. Nautica's revenue was down at a low single-digit rate and Kipling's revenue in U.S. was up 20% vs. 2Q14. International business was 34% of total revenue vs. 36% 2Q14. VFC is operating a 139 more stores than 2Q14. Operating margin was 8.9%, down 30 BP.
$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?