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Transportation company $NSC said in 2016, it expects to achieve productivity savings of $130MM through cost control and asset utilization. Annual savings will grow to more than $650MM by 2020. $NSC expects the projects done in 2015 and the initiatives being undertaken over the next 5 years will position it to achieve its long-term financial goals.
$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.