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During 3Q15, $GME's gross margins expanded 280BPs on the strength of growth and margin expansion in mobile and Collectibles. SG&A as a percentage of sales increased from 23.6% in the prior year quarter to 26.1% due to investment supporting tech brands expansion.
$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?