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$F said it is investing in a new small car plant in Mexico, building a new manufacturing site in San Luis Potosi State. Ford is investing $1.6Bil in the facility, which begins construction this summer. The new plant will create 2,800 additional direct jobs by 2020.
$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?