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$MET expects pretax run rate expense savings to be $1Bil by 2019-end. This is in excess of approx. $200MM of stranded overhead due to the planned separation. The target comes on top of $1Bil in gross pretax expense saves. On a net basis, the 2012 strategy initiative yielded $600MM in pretax savings that brought down OpEx ratio in the past 4 years.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.