Want to join the conversation?
In 3Q15, $CMG implemented menu price increase on steak and barbacoa, due to the sustained deep inflation and it plans to roll out this increase across the remaining markets during 4Q15. This price increase is expected to contribute about 130 BPs and for 3Q15 this targeted menu price increase contributed about 70 BPs to the comp.
$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?