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Denise Chai of BofA asks about the anti-dumping ruling. $WHR said the ruling is for the US market. In 2013, the anti-dumping law was applied to countries such as South Korea and Mexico which caused LG and Samsung to shift production to China. The new ruling affects LG and Samsung such that duties must be paid regardless of place of production.
$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?