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In terms of $VFC's three largest brands, 4Q15 revenue for The North Face brand was down 2% in currency neutral basis, with low single-digit growth in D2C offset by a mid-single digit decline in the wholesale. On currency neutral basis, global revenue for the Vans brand was up 8% in the quarter, while Timberland brand revenue grew 1%.
$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?