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$GNW said it has agreed to settle the action In re $GNW Securities Litigation pending in the US District Court for the Eastern District of Virginia. Plaintiffs had alleged securities law violations by $GNW, its CEO and former CFO. Company believes the claims are without merit, but is settling to avoid risk and expense of further litigation.
$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?