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$KORS' Retail segment FY16 net sales rose 12.2% versus FY15. Company operated 668 retail stores, including concessions, as of April 2, 2016. Comparable store sales fell 4.2% due to lower sales of watches, apparel and jewelry. Wholesale sales grew 3.8% in FY16 due to higher sales from accessories and footwear products.
$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?