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$DVN said it reduced its employee count by approx. 20% in 1Q16, bringing the total workforce reduction to more than 25% over the past 12 months. This reorganization effort resulted in $234MM of non-recurring charges, with minimal cash payments occurring in the first quarter, the company said.
$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?