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$TGT's gross margin rate for 3Q15 slid to 29.4% from 29.5% last year, on higher digital channel sales and other items, including pharmacy reimbursement pressure. For 9 months ended Oct. 31, 2015, gross margin rose to 30.2% from 29.8%, on lower promotional activity following Data Breach and favorable category sales mix.
$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?