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Handbag and accessories company $VRA reported a 1Q17 profit of $2.42MM or $0.06 per share compared to a loss of $4.14MM or $0.10 per share last year, driven by sourcing and operational efficiencies and an increased sales penetration of higher-margin made-for-outlet products. Revenues rose 4% to $105.18MM.
$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?