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Boston, Massachusetts-based $STT said that its recent agreement to acquire GE Asset Management will extend its core investment management capabilities, including in the high growth outsourced CIO market. The company expects this acquisition to be accretive in the first 12 months of operation.
$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?