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$HRS now expects to exit FY17 with annual run-rate savings in a range of $140-150MM, significantly higher than its previous expectation of about $120MM. Separately, $HRS launched additional restructuring and other actions in 2Q16 as part of its ongoing strategy to lower costs and improve operating performance.
$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?