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In 1Q16, total fuel and purchased power expenses for $SO were $337MM vs. $404MM for 1Q15. The decrease was primarily due to a $33MM decrease related to the volume of KWHs purchased, a $23MM decrease related to the volume of KWHs generated, and a $19MM decrease in the average cost of fuel.
$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?