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For 3Q16, $REX expects earnings to run at a pretax rate that's a little bit better than 3Q15. The company is benefited by lower corn prices. EPA has provided more stability this year and natural gas prices remained low. $REX was also hurt a little bit by lower oil prices and expects capital spending to be between $3-5MM for the remainder of 2016.
$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?