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Houston, Texas-based company $TLRD is closing underproductive stores. Through 2Q16, the company closed 104 stores and is on track to close approx. 250 stores in 2016. $TLRD is also streamlining processes to improve efficiency and unlocking cost savings throughout the company. $TLRD remains on track to achieve $85MM in transformation cost savings.
$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?