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Electric power producer $ETR said that its 1Q16 operational earnings excluding special items were $1.35 per share, higher than expected. The 1Q16 results vary from 1Q15 due to the effect of weather and a 2015 income tax item at Utility, Parent & Other and lower wholesale power prices at EWC. These were partially offset by growth in Utility.
$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?