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At Aug. 31, 2015 $KMX had used car stores in markets representing approx. 63% of US population. Also, $KMX is in the midst of its retail concept national rollout. $KMX opened seven stores during 1H16 and plans to open seven new stores & relocate one store whose lease expires during remainder of FY16. In FY17 & FY18, $KMX plans to open 13-16 stores.
$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?