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St. Louis, Missouri-based $POST said at Post Consumer Brands ERP conversion went as planned and the company has started identifying incremental synergies across logistics, warehousing and distribution. The company expects to realize $25MM in additional cost synergies by the end of FY18. The initial $50MM synergies will be realized by FY16-end.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.