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$BBY 2Q16 Q&A: Baker of Deutsche Bank asked what the long-term store count would be. Sharon answered that BBY has a significant amount of leases expiring. It's a substantial number and strategy has not changed. Looking at each lease, will rationalize as BBY thinks appropriate. Last year, closed five stores. There is no announcement to be made.
$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?