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$SEE said it had $9MM in restructuring savings. The company's OpEx was $12MM and this is net of the $7MM environmental reimbursement, salary and wage inflation of $17 million, currency of negative $9MM and divestitures of $3MM. Adjusted tax rate was 29% and for full-year 2016, the company expects tax rate to be approx. 24%.
$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?