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$ITRI said certain projects will begin immediately and the company targets to substantially complete the activities by the end of 2018. $ITRI expects annualized savings of about $40MM upon completion of these projects. $ITRI expects to incur pre-tax restructuring charges of about $55-65MM related to these projects.
$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?