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$PPL reported 2Q16 earnings of $483MM or $0.71 per share versus a loss of $757MM or $1.13 per share in 2Q15, which reflected a $1Bil loss or $1.50 per share from discontinued operations associated with the June 1, 2015 spinoff of its Supply business. Operating revenues increased slightly from last year to $1.79Bil. Non-GAAP EPS was $0.56 per share.
$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?