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SKF and GE Oil & Gas, a unit of $GE, signed non-exclusive, licence-based collaboration agreement, aimed at further developing use of active magnetic bearing technologies within oil and gas sector. GE Oil & Gas will make use of SKF’s magnetic bearing technologies from front-end engineering design to installation, testing and service.
$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?