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Philadelphia, Pennsylvania-based chemical maker $FMC said it realized $100MM in cost reductions in 2015, including $40MM from the Cheminova integration. $FMC acquired Cheminova in April 2015 and the integration process is underway. The company said it is on track to deliver an additional $60-70MM of savings in 2016.
$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?