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$M said its average unit retail was up slightly and units per transaction was up approx. 1% in 1Q16. The company added that it continues to be negatively impacted by reduced spending by international tourists. Sales on international tourists' credit cards were down 20% in the quarter on top of a 21% drop in 1Q15.
$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?