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$BRC's 4Q16 gross profit margin was 50%, and excluding one-time charges recognized in 4Q15, the company's gross profit margin was approx. 47% from 4Q15. Sequentially, GM decreased from 50.7% in 3Q16, hurt by business mix. SG&A expense fell to $98.4MM vs. $102.9MM in 4Q15, due to the impact of stronger US dollar and reduced selling expenses.
$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?