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$LB said adjusted EPS increased 14% to $3.99 in 2015 versus last year. FX negatively impacted full-year 2015 results by about $0.13. Net sales increased 6% to $12.15Bil and comps increased 5%. The GM rate increased 80BP to 42.8% primarily driven by an increase in the merchandise margin rate.
$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?