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$LM said its net long-term outflows for 1Q17 slowed to $1.1Bil and the company delivered two months of positive long-term net flows, following a challenging month of April. The company added that $3.9Bil in fixed income inflows during 1Q17, led by Western Asset, were more than offset by $3Bil in equity outflows and $2Bil of alternatives outflows.
$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?