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$GS CFO Harvey Schwartz said that the Dow declined by 6% in the first week, which is the worst start in its nearly 90-year history. He also added that the index ultimately reached its low point in mid-Feb. 2016 declining 10%. Credit spreads widened significantly intra-quarter, particularly for high yield and energy-related issuers.
$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?