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$MNK said the change of fiscal year decision will result in a transition period from Oct. 1 to Dec. 30, 2016. The subsequent first full fiscal year will end on Dec. 29, 2017, with its current "4/5/4" reporting convention remaining the same. $MNK now expects to report results for the 13-week transition period ending Dec. 30, 2016 in Feb. 2017.
$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?