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Virginia-based company $AAP said in 2Q16, comparable store sales decreased 4.1%. The company's adjusted operating margin rate of 10.8% and adjusted EPS of $1.90 reflect the impact of lower than expected GM performance in the quarter, higher supply chain expenses and operating deleverage.
$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?