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$EQT 2Q15 Q&A: Uplenchwar of GMP Securities asked a question on service cost and operating efficiencies. David commented that the 16% is driven strictly by renegotiated service contracts. So there is no drilling efficiencies or any other factors in that 16%. Reality of service cost reductions is they are not very sticky.
$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?