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$FRAN now expects FY16 net sales of $473-488MM, assuming a low-single digit decrease to a low single-digit increase in comparable sales compared to the prior year increase of 3%. The company expects to open 55 to 65 boutiques and close 6 to 10 underperforming boutiques in FY16 compared to 83 new boutiques opened and 6 boutiques closed in FY15.
$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?