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$WEN said in 2Q16, adjusted EBITDA was $102.5MM, down 1.7% from last year. Adjusted EPS was $0.10 in 2Q16. Franchise revenues, which includes royalty, net rental income and franchise fees, increased by $11MM from 2Q15. In 2Q16, $WEN repurchased 5.9MM shares for $61MM.
$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?