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$VIPS 2Q15 Call: Fulfillment expenses RMB819.6MM vs. RMB513.4MM in 2Q14, primarily reflecting increase in sales volumes & number of orders fulfilled. As a percent of total net revenue, fulfillment expenses 9.1% vs. 10.1% in 2Q14, primarily reflecting scale effect associated with rapid growth in total net revenue & increase in average ticket size.
$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?