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$SIG expects to open between 90-110 new stores or 30-35 new stores net of closures in FY16. Net selling square footage is expected to grow between 2-3% for the year driven mainly by the addition of off-mall stores led by Kay and Jared. Square footage growth will be offset in part mainly due to the closure of regional store brands in North America.
$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?