Want to join the conversation?
In Dec. 2015, $DD announced a new global cost savings and restructuring plan designed to reduce 2016 costs by $700MM versus 2015 or $900MM on a run rate basis. The company has since identified an additional $100MM of savings, bringing its run rate total to $1Bil and increasing 2016 savings to about $730MM.
$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?