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The Manufacturing Business Outlook Survey's price indexes showed no signs of upward pressures this month. For the next six months, indicators reflecting firms' expectations held steady or improved. The diffusion index of current activity decreased from 8.3 in Aug. to -6.0 this month; the first negative reading since Feb. 2014.
$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?