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$WBA's combined net synergies from the Alliance Boots program for the quarter were $288MM, which is on track to achieve the company's goal of reaching at least $1Bil in FY16. $WBA is also progressing on its initiative to deliver the $1.5Bil cost savings program, expected to be completed by the end of FY17.
$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?