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$NSC said that the company continued to rightsizing workforce in 1Q16 to match the business levels. The company had 1,300 full-time employees along with 450 non-FTE employees. $NSC also said that it is ahead of $130MM productivity savings and now expects $200MM in productivity savings for the whole year.
$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?