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$WFC Chairman & CEO John Stumpf announced his retirement from the company & the Board, effective immediately. The Board elected Tim Sloan, $WFC's President & COO to succeed John Stumpf as CEO, & Stephen Sanger, its Lead Director, to serve as the Board’s non-executive Chairman. Independent Director Elizabeth Duke was elected to serve as Vice Chair.
$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?