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$PX 2Q15 Call: Took $146MM charge, which included severance for approx. 5% of global workforce in addition to consolidation or exit of certain business operations. Expects the actions to be substantially complete by 2015-end with annualized savings of about $75MM per year starting in 4Q15.
$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.