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Regarding the alleged violations of the Controlled Substances Act, $CVS paid a fine of $22MM to the US Attorney's Office for the Middle District of Florida in May 2015. $CVS is also undergoing several audits by DEA and is in discussions with DEA and US Attorney's Office concerning allegations that $CVS has violated certain requirements of CSA.
$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?