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$CSX, which competes with $NSC and $UNP, said in order to drive efficiencies, it closed two facilities in its coal network and completed a new union labor agreement in 4Q15. This led to a $48MM or $0.03 EPS impact in 4Q15. A property sale closed in 4Q15 for a benefit of $0.05 to EPS.
$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?