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For the year ending Dec. 31, 2016, $GM expects total annual operational and functional cost savings of $5.5Bil by 2018, which will more than offset the incremental investments in brand building, engineering and technology. The company also expects average adjusted automotive free cash flow of approx. $6-7Bil from 2016 to 2018.
$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?