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Restaurant chain $RT reported a 4Q16 loss of $27.6MM or $0.46 per share compared to a profit of $4.28MM or $0.07 per share last year, due to lower revenue and higher closure and impairment expense. Total revenue fell 5.9% to $279.32MM, which included net reduction of 12 Ruby Tuesday restaurants and 17 Lime Fresh Mexican Grill restaurants.
$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?