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During 3Q15, $AAP's comp SG&A rate was 34.4% of sales vs. 34.8% during 3Q14. The rate improvement was primarily the result of lower incentive costs, overall lower administrative costs and synergy savings partially offset by expense deleverage as a result of its low comparable store sales growth.
$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?