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$IFF said it spent approx. $23MM in expenditures and expects to spend approx. 5% of sales in 2016. The company added that this increase will mainly be driven by capacity projects in Greater Asia, primarily related to a new flavors manufacturing plant in China and investments in technology expansion.
$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?