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$GWW initiated a restructuring due to the migration to online and electronic purchasing that resulted in the closing of 49 branches in 2015. Also, in Jan. 2016, the intention to close an additional 55 branches in 2016 was also announced. As of Dec. 31, 2015, the US had 330 branches, 19 DCs, 2 national contact centers and 41 regional contact centers
$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?