Want to join the conversation?
Supply chain management company $JBL has started headcount reductions in its SG&A cost base and capacity realignment activity in high cost capacity locations. Company expects this action to result in about $20-30MM cost savings in FY17 and annual savings of $70-90MM once fully complete.
$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?