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$MDCO said it expects a reduction in annual selling, general and administrative and related research and development expenses of between $65MM and $80MM. After closing this deal, $MDCO will have executed two transactions with the potential to generate up to $1.2Bil in non-dilutive cash.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.