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With regards to Brexit impact, $ICE said that with roughly 11% of its total revenues and 15% of its consolidated expenses denominated in pounds, the company has a natural hedge that reduces a meaningful portion of the impact of profit. $ICE expects the net impact to earnings to be immaterial.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.