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On Sept. 29, 2015, $CHK reduced its workforce by approx. 15% as part of an overall plan to reduce costs and better align its workforce. Related to the reduction, $CHK incurred a total charge of approx. $55MM in 3Q15 for one-time termination benefits, all of which will be paid in cash in 4Q15.
$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?