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$AES 2Q15 Q&A: Orrill of Barclays asked about potential caps on rationing exposure in Brazil. Andrés answered that probability of rationing this year is very long. There drivers are one, government has done good job of running thermals and saving water. As of mid-July, the reservoir levels were at 41% which is very high.
$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?