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In 4Q15, $WFM's sales increased 6% to $3.4Bil. The company opened 10 stores expanding its reach to 431 stores across 42 states in three countries. After appearing to stabilize early in the quarter, $WFM's comps moderated over the last nine weeks driven by changes in traffic and basket size. The company delivered a healthy EBITDA margin of 8%.
$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?