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$VFC 2Q15 Q&A: McShane of Citi asked about brand rollouts and strategy in China. Karl replied that strategy remains unchanged. VFC is actively working at the moment with four brands which are its major focus and still have opportunities in the number of stores. Comps are strong, so it’s really a good feedback from China at the moment.
$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?