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$NSC said it provided additional detail regarding its strategic plan, which includes cost reductions across organization and improved operational efficiencies. $NSC expects to achieve annual productivity savings of more than $650MM by 2020, with about $130MM to be realized in 2016. $NSC projects to achieve operating ratio below 65% by 2020.
$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.