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$SMRT said the company had 283 stores at the end of 2Q16 compared to 269 a year ago. Pre-opening costs related to new and relocated stores were $0.3MM. The company also stated that it is opening eight new stores this fall for a total of 13 new stores in 2016 and are closing one store in Aug. and will have 290 stores at the end of 2016.
$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?