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$CAT's Chairman and CEO Doug Oberhelman has elected to retire, effective March 31, 2017. Jim Umpleby, currently $CAT President with responsibility for Energy & Transportation, will succeed Oberhelman as CEO and join $CAT BoD effective Jan. 1, 2017. Oberhelman will remain as Executive Chairman until March 31, 2017, when he will retire.
$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?