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El Segundo, California-based toy maker $MAT said that the company made good progress against its cost reduction goals, both in COGS and SG&A. The company also said that it is seeing broad based strength across most regions, particularly in its emerging markets. $MAT expects the cost savings to accelerate through balance of the year.
$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?