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$GM said prior to the results of the Brexit referendum the company was on track to break even for 2016, as evidenced by its positive 1H16 performance. The company stated that if current post referendum market conditions are sustained throughout the remainder of 2016, it could have an impact of up to $400MM to 2H16.
$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?