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$RL FY15 10-K: RL recorded a 1.6% increase in gross profit to $4.378Bil from $4.31Bil in FY14. Gross profit as a percentage of net revenues decreased by 40 BP to 57.5% from 57.9% in FY14, primarily due to a more promotional retail environment and less favorable product mix, partially offset by a more favorable channel mix.
$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?