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$GMCR's Board approved a multi-year productivity program in 2015, intended to reduce structural costs and streamline organization structures to drive efficiency. The program is expected to generate approx. $300MM in savings over the next three years with approx. $100MM of savings anticipated in fiscal 2016.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.