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$WMT closed purchase of Jet.com, after expiration of waiting period under federal regulations. Walmart.com and Jet.com will operate as separate brands. Marc Lore, founder and CEO of Jet.com, now joins $WMT's leadership team, serving as EVP at Walmart and president and CEO of Walmart eCommerce in the U.S. He will lead both Walmart.com and Jet.com.
$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?