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$CMG, owner of Pizzeria Locale, reported lower 4Q15 results, hurt by lower comp restaurant sales related to food-borne illness incidents in its restaurants. $CMG said net income fell 44% to $67.9MM, or $2.17 per share compared to $121.23MM or $3.84 per share in 4Q14. Revenue fell 6.8% to $997.5MM. Excluding items, $CMG earned $2.19 per share.
$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?