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$PPG's YoverY SG&A cost as a percentage of sales were down about 100 BP in 3Q15. $PPG continues to execute on its restructuring plan and anticipates full year savings from this program of about $100-105MM and fully implemented in 2017 with $15-20MM of these savings expected in 2015.
$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?