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Susan Anderson of FBR & Co. asks for an update on outlet performance. $EXPR said it has seen a similar decline in the outlet business as in the retail business from a store standpoint mainly driven by traffic and the outlet locations. Overall, the company is pleased with the outlet performance at the channel.
$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?