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$URBN sales for 3Q16 increased by 1% to $825MM. This sales increase was driven by a 1% retail segment comp, a $9MM increase in non-comparable sales, including the opening of 10 net new stores which more than offset a 5% decline in wholesale sales. Additionally, sales growth was negatively impacted by about 130 BPs of FX translation.
$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?