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$SBUX's operating margin for FY15 rose to 18.8% from 18.7% in the previous year. The operating margin expansion was primarily driven by sales leverage, partially offset by impact of ownership change in Starbucks Japan and increased salaries and benefits due to increased store partner (employee) investments.
$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?