Want to join the conversation?
For FY16, $EMR forecasts its restructuring expenses to be in the range of $50-70MM, with most in the 1H16. Further, the company anticipates incurring expenses of about $300-400MM in 2016, related to spinoff of Network Power and potential divestitures of the Motors and Drives and Power Generation businesses.
$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?