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During 3Q15, $K amended a US postretirement health plan and a US pension plan. As a result of the US postretirement health plan amendment, a prior service credit of $84MM was recognized. The US pension plan amendment increased $K's pension benefit obligation with an offsetting increase in prior service costs in other comprehensive income of $17MM.
$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?