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Children's specialty apparel retailer $PLCE reported a rise in 1Q16 earnings driven by higher sales and a rise in comparable retail sales as well as merchandise margin leverage and a higher average unit retail. Net income rose to $25.99MM or $1.33 per share from $15.61MM or $0.73 per share last year. Adjusted EPS jumped 59% to $1.32.
$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?