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$LMT said it will set up its first multi-disciplinary R&D facility outside of the US in Melbourne. Company will invest an initial $13MM over 3 years to establish a laboratory (STELaR Lab) to undertake R&D to solve technology challenges of the future. STELaR Lab is scheduled to open in early 2017.
$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?