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Consumer electronics and wireless services retailer $GME said that its Technology Brands business had 500% plus operating earnings growth on 62% sales growth. Traffic comps were 1% and gross profit comps were 7%. Global comps in the video game business reached a negative 6.2% overlapping a positive 8.6% comp from 1Q15.
$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?