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Simeon Siegel of Nomura asks about the opportunity to narrow Zale's productivity gap. CEO Mark Light said $SIG is seeing benefits from its cross-selling of brands. It believes there will be a benefit to sales by having the repair business as internal which will help the topline. The focus is on having a model in place and getting the SG&A in line.
$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?