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Diamond jewelry retailer $SIG reported a rise in 2Q17 earnings driven by lower selling, general and administrative expenses. Net income rose to $81.9MM or $1.06 per share from $62.2MM or $0.78 per share last year. Net sales fell to $1.37Bil from $1.41Bil. Adjusted EPS for the latest quarter was $1.14.
$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?