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In 2Q16, $CAL posted net sales of $390MM in its Famous Footwear segment compared to $395MM in 2Q15. Same-store-sales were down 1.1%. The company opened 11 new Famous Footwear stores in 2Q16. In the Brand Portfolio segment, net sales were $232.8MM in 2Q16 versus $241.9MM last year.
$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?