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$EGN's adjusted 2Q16 loss was substantially better than internal expectations on significantly lower-than-expected lease operating, marketing and transportation expenses (LOE) and better-than-expected production. LOE was $7.29 per boe and benefited largely from lower costs for water disposal, gathering, and electrical power, and fewer workovers.
$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?