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$GIII said in 2Q17, net sales of the wholesale operations decreased 7.7% to $361MM primarily as a result of a decrease in shipments of outerwear products. Net sales of retail operations decreased 10% to $100MM primarily due to same store sales decreases of 16.9% for the Wilsons stores and 9.8% for the GH Bass stores.
$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?