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$GIII grew sales 6% in 1Q17. The company expects growth to accelerate in the back half of the year. Operating income was $5.4MM, including startup and incremental overhead expenses. Negative comparable store sales in the retail business created pressure. This was offset by strong performance in the wholesale business.
$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?