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$COST opened 12 new warehouses and relocated two warehouses in 1H16 and plans to open up to 18 new warehouses and relocate up to two warehouses for the remainder of FY16. In 1H16, the company spent approx. $1.34Bil and expects to spend approx. $2.8-3.0Bil during FY16.
$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?