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$JCI said ADNT expects its position in the China automotive seating market to be a key growth driver. ADNT has 17 seating JVs in China operating 60 manufacturing locations in 32 cities. Company expects this to result in 65-70% of annual JV equity income, which was paid as dividends in prior years.
$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.