Want to join the conversation?
In 2Q16, $CATO's total revenue fell 4.9% to $238.9MM versus $251.3MM in 2Q15. Same-store sales decreased 6% versus last year. In the quarter, $CATO opened one store and relocated 2 stores. As of July 30, 2016, company operated 1,373 stores in 33 states versus 1,358 stores in 32 states as of Aug. 1, 2015.
$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?