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Pharmacy company $CVS had a successful 2016 PBM selling season. Gross client wins for 2016 have increased and now stand at $14.8Bil, with net new business at $12.7Bil. The increase in net new business largely reflects incremental growth from new health plan clients as they closed out their enrollment 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?