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$CSX said that for 2016, the company expects about 18-20MM tonnes of export coal. In 2Q16, the company expects its expenses to benefit from the low fuel price environment. During the last 12 months $CSX reduced its headcount by 4,500 compared to last year as part of its cost actions.
$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?