Want to join the conversation?
David Mann of Johnson Rice asks about GM being up in 2Q16 & why it is expected. $BIG CFO Tim Johnson said that the higher sell through in seasonal in 1Q16 responds to an opportunity potentially in mark down levels in 2Q16. And secondly, $BIG is experiencing better IMU YoverY and experiencing better inbound freight rates 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?