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$VFC's Outdoor & Action Sports coalition revenue was up 13% driven by nearly the same growth rate in wholesale and DtoC. Revenue for brands like The North Face was up 11%, for Vans it was up 10% with a high teen increase in DtoC sales and mid-single digit increase in wholesale and for The Timberland, revenue was up 21% globally.
$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?