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$ADP has announced its intention to separate its Materials Technologies business through a tax-free spin-off and set it up as a separate stand-alone company. The Materials Technologies division offers specialty gases, specialty chemicals, services and equipment to the electronics industry.
$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?