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In Oct. 2015, $ALLE reached an agreement to provide severance benefits to certain of its employees in Italy. As a result of this agreement, $ALLE will record additional severance charges of approx. $8.4MM. This charge will result in cash expenditures primarily in 2016.
$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?