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For $NKE, wholesale revenues remain the largest component of overall NIKE Brand revenues, but it is also continuing to expand its NIKE Brand DTC distribution through NIKE-owned in-line and factory stores, as well as through NIKE-owned website. For 1Q16, DTC revenues represent about 24% of total NIKE Brand revenues compared to 23% for 1Q15.
$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?