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For 4Q15, $AKS expects shipments to fall 14% to approx. 1.6MM tons because of its decision to reduce sales to the carbon steel spot market due to the adverse impact on pricing from high levels of imported steel. It expects an average selling price of approx. $930 per ton for the quarter, up 2% from the third quarter.
$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?