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$PERY said 1Q17 revenues in its Men's Sportswear and Swim segment was even at $198MM to 1Q16. The company saw a 5% increase in its core Perry Ellis, Original Penguin and golf apparel businesses. Offsetting this increase was a 3% decrease in exited brands coupled with a negative impact of 2% between special markets and foreign currency.
$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?