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Off-price apparel and home fashions retailer $TJX's same store sales for FY16 increased 5% over an increase of 2% in FY15 and an increase of 3% in FY14. The FY16 increase was driven by a rise in customer traffic. $TJX also had a strong increase in units sold which was offset by a reduction in the average ticket.
$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?