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Bank of America analyst Jessica Reif Cohen asks $FOXA to provide color on any potential strategic shifts on Fox News. CEO James Murdoch says that there is no desire or need to shift the position that Fox News has in the market due to its successful nature. $FOXA believes that the leadership transition will not flag the strategy of the channel.
$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?