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In 2Q16, $APD incurred separation costs of $7.4MM, mainly related to legal and other advisory fees. Company also recognized an expense of $8.6MM for severance and other benefits related to the elimination of about 170 positions as part of cost reduction actions, mainly related to the Industrial Gases â?? Americas and EMEA segments.
$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?