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On April 29, $MCY filed plans to exit in Michigan and Pennsylvania states with the respective state regulatory agencies as it has been unable to profitably grow its business in the states. The company expects to substantially complete the run-off of its Michigan and Pennsylvania operations in 2017.
$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?