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Joseph Mondillo of Sidoti & Company asks about $DXPE's cost-cutting efforts and how much of the savings is related to headcount. CEO David Little said the efforts are mainly focused on headcount reduction. The goal was to get to $25MM of savings and $DXPE got to $26MM. $DXPE is also consolidating facilities and has closed four stores.
$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?