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A JV of $BWA, BorgWarner Transmission Systems Korea, opened a new facility in Jincheon (third manufacturing plant in South Korea) to expand production of transmission technologies. This 182,600-square-foot facility will produce a variety of automatic transmission components, including clutch modules, clutch sets and friction plates.
$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?