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$LLL's pension expense for 2015 was $139MM and the company expects pension expense for 2016 to decrease $43MM to approx. $96MM. $LLL expects this primarily due to the increase in its weighted average discount rates and a change in the approach to measure service and interest costs.
$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?