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$PSX 2Q15 Q&A: Fernandez of Howard Weil asked to update on landscape regarding imported barrels vs. domestic barrels. Maxwell answered that PSX brought imported crudes into the system. Given where expectations are for 3Q15, cars are coming off the sightings and company is going to import less crude.
$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?