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Foodservice retailer $RT's 4Q16 business was impacted by declines in guest traffic, softness in the casual dining industry and increased promotional activity by peers. Guest count declined 4.6% in the quarter, while check growth of 0.9% partially helped offset the slowdown.
$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?