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$NSC's revenue from Coal for 4Q15 dropped by 20% from last year, as volumes was hurt by weak global export market, high temperatures in the East and low natural gas prices. General merchandise revenues slid by 9%, as volume was hurt by declines in other four commodity groups. Intermodal revenues fell 13%.
$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?