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For FY16, $OXM expects interest expense to be approx. $3.5MM & effective tax rate to be around 36%. CapEx is expected to be approx. $55MM, mainly related to IT initiatives, including additional omni-channel capabilities, new retail stores, relocation & remodeling of some retail locations, & remodeling of Tommy Bahama restaurant in Scottsdale, AZ.
$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?