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In 4Q15, $CPB incurred charges related with initiatives to implement new enterprise design that better aligns with strategies to reduce costs & streamline organizational structure. Recorded pre-tax restructuring charges of $93MM related to the program & pre-tax charges of $13MM in administrative expenses related to implementation of initiatives.
$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?