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$ENS said that its mining business in South Africa has been hurt by the reduced commodity prices. The company plans to exit from its joint venture in South Africa. In EMEA, $ENS nearly completed SG&A restructuring program to reduce reserve power business costs by reducing positions, which will lead to $3MM of savings in FY17.
$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?