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$REX, an American producer and retailer of ethanol, distillers grains and natural gas, posted lower 4Q15 results, hurt by lower net sales and revenue, tightening ethanol crush spread margins and lower gross profit. $REX said net income fell 82% to $3.69MM, or $0.54 per share, and net sales and revenue fell 16% to $107.23MM.
$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?