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$SMRT said it is now forecasting SG&A expenses for the full year to be approx. $360MM or $10MM lower than the $370MM previously estimated. $SMRT added that SG&A expenses are expected to be higher this fall compared to last year, with most of the increase in the third versus fourth quarter due to operating expenses associated with new stores.
$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?