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$RAI's R.J. Reynolds segment reported 3Q15 operating income of $1.1Bil, up 54.4% from a year ago. The increase was mainly due to addition of the Newport brand, higher cigarette pricing and the expiration of the federal tobacco-quota buyout program last year. Santa Fe segment's operating income rose 23.2% to $120MM compared to last year.
$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?