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Upscale fashion retailer $JWN said that as part making changes in the operating model, it is expecting that approx. 350-400 positions will be reduced through a phased approach. These positions will primarily be in its Corporate Center and regional support teams, and the process is expected to be completed by 2Q16-end.
$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?