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$FE said operating results at CES for 1Q16 increased by $152MM from last year, primarily from higher capacity revenue resulting from higher capacity auction prices. Additionally, operating results were impacted by mark-to-market gains on commodity contract positions and the absence of termination and settlement costs on coal contracts.
$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?