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Specialty retailer of value-priced fashion apparel and accessories $CATO said that it reported sales of $87.4MM for the four weeks ended May 28, 2016, down 1% vs. $88.5MM for the four weeks ended May 30, 2015. May same-store sales fell 2% to last year.
$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?