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For the three months ended January 31, 2016, $HRB's total Opex increased 1.7% from the prior year. Occupancy costs rose 3.6% and depreciation and amortization expense increased 4.6%. Marketing and advertising costs increased 7%, due to planned increases in tax season spend.
$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?