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Morgan Stanley analyst Vinnie Sinisi asked about ERP rollout update. $SYY CEO William DeLaney said that the company is putting together plans and has got great coordination between the operating side of the business and BT side, as well as the shared services. The rollout is still in its early days, but is on track.
$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?