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$MUR's impairment expense in 2015 for E&P operations exceeded 2014 by $2.44Bil. The current year charge included significant noncash impairment expense of $2.49Bil before tax and $1.6Bil after-tax for producing heavy oil properties in Western Canada. The 2015 impairments were the result of declines in current and future crude oil prices from 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?