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Apparel marketer $HBI said it has updated 2016 guidance to reflect pending acquisitions of Champion Europe and Pacific Brands, and debt refinancing. Company expects net sales of $6.15-6.25Bil versus previous outlook of $5.8-5.9Bil. Diluted EPS is expected to be $1.51-1.57 versus previous outlook of $1.63-1.73, due to acquisition-related charges.
$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?