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$LOW 2Q15 Q&A: Horvers of JP Morgan asked at what point does LOW have mass in Canada's four Target stores being at 20 stores by 2017. Bob answered that company has 39 stores open today. Acquired additional 12 former Target locations. Already had some stores in pipeline, so combined, with Target locations, by 2017 it will be to about 70 stores.
$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?