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Beauty products retailer $ULTA reported higher 2Q16 results, helped by higher sales. $ULTA said net income rose 21.29% to $90MM or $1.43 per share from $74.2MM or $1.15 per share a year ago. Net income grew 21.93% to $1.07Bil. Comparable sales rose 14.4% for the quarter, driven by 9.7% growth in transactions and 4.7% growth in 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?