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$HES' 1Q16 average realized crude oil selling prices were 37% lower versus 1Q15, mainly due to declines in Brent and West Texas Intermediate crude oil prices. Realized selling prices for natural gas liquids were down 50% and for natural gas were down 28% in the quarter. Lower realized selling prices reduced 1Q16 results by about $230MM after-tax.
$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?