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$GM settles ignition switch case with US Attorney's Office in the form of a Deferred Prosecution Agreement. $GM agreed to pay $900MM financial penalty associated with this Agreement and will record a charge for this amount in the third quarter. Federal prosecution will dismiss the charges if $GM satisfies the terms of the Agreement.
$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.