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$COH's net sales from North America for 2Q16 decreased by 6.8% from last year. Excluding unfavorable impact of foreign currency due to the Canadian dollar, net sales fell by 5.9%, primarily driven by lower comparable store sales of 4.2%, due to lower traffic partially offset by higher transaction size.
$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?