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$GPS' reported results include pretax costs related to strategic actions totaling $25MM for 4Q15 and $132MM for 2015. This is at the low end of its guidance range of $130-140MM. $98MM of the total full-year charge is operating expense and the remainder hits gross margin.
$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?