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Springfield, Massachusetts-based $SWHC said despite its record levels of shipments, distributor inventory of firearms remained flat on a sequential basis. There were approx. 92,000 of units in distributor inventory at the end of 3Q16 and at the end of 4Q16. The company added that its adjusted NICS background checks during 4Q16 grew 12.5% YoverY.
$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?