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$EL's sales from Skin Care for 2Q16 slid by 3% due to unfavorable currency translation, while Makeup sales rose 6% on makeup artist brands growth and double-digit Smashbox and Tom Ford growth. Fragrance sales grew by 7% on double-digit gains from Jo Malone London and Tom Ford brands. Hair Care sales grew by 9%, on expanded global distribution.
$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?