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$EAT, which owns restaurant brands like Chili's and Maggiano's Little Italy, reported 4Q16 net income of $62.3MM or $1.11 per diluted share, up 9% versus $57.2MM or $0.92 per diluted share in 4Q15, helped by higher company sales. Restaurant operating margin, as a percent of company sales, fell about 20 BPs to 18.3% in the quarter.
$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?