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Craig-Hallum analyst George Sutton questions $BID on the private sales steps it is taking to boost the business. CEO Tad Smith says first, there should be insight on where things are and who wants them. Secondly, there should be a buttoned up process that is compliant and lastly, there should be a reward and management system to track progress.
$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?