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$HON said that it is realigning its ACS segment into two new segments: Home & Building Technologies (HBT) and Safety & Productivity Solutions (SPS). The company intends to report 3Q16 financial results based on this realignment. $HON repurchased approx. $500MM of shares, bringing YTD total to $1.6Bil, and funded $97MM in new restructuring projects.
$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?