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Used cars retailer $KMX said Tom Folliard has retired as CEO, effective Aug. 31, 2016. BoD has elected President Bill Nash to replace Folliard, effective Sept. 01, and has also elected Nash to serve as a director of $KMX. Board also named Folliard Non-Executive Chairman of the Board and Bill Tiefel Lead Independent Director effective Sept. 01.
$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?