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$CNP said core operating income for Houston Electric in 2Q16 was $135MM. The business benefited from rate relief, customer growth, higher equity return primarily related to true-up proceeds and higher right-of-way revenues. These benefits were partially offset by higher depreciation and taxes, lower usage and modestly higher O&M.
$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?