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$CPB said that it opted to change its accounting methods In FY16 for its benefit pension & postretirement plans providing greater transparency in its financial results with no impact on cash flow. Under this method, actual gains & losses will be recognized immediately in the Consolidated Statements of Earnings.
$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?