Want to join the conversation?
$M said Terry Lundgren, CEO since 2003 and Chairman since 2004, will transition position of CEO to Jeff Gennette in 1Q17. The transition is part of BoD's succession plan that included Gennette's election as President of $M in 2014. Beyond 1Q17, Lundgren will continue as Executive Chairman and work side-by-side with Gennette as President and CEO.
$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?