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$EL 4Q15 Q&A: Dibadj of Bernstein asked about SMI savings. Tracey replied, we had very good results from SMI. We went live in July & it does take some time optimizing SMI. We were able to generate $100MM of cost savings & we’re doubling it next year. Our internal plans call for increasing levels of savings every year related to SMI-enabled programs
$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?