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$EXPE said that in connection with the migration of technology platforms and centralization of technology, supply and other operations, it recognized $30MM & $5MM in restructuring and related reorganization charges during 1Q16 and 2015. Based on current plans, the company expects approx. $25MM of restructuring charges for the remainder of 2016.
$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?