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$PPL's Western Power Distribution (WPD) is on track to outperform its Ofgem targets in the 2015-2016 regulatory year. WPD now expects to earn total incentive revenues that exceed prior estimates for 2017 and 2018. $PPL is raising guidance estimates for 2017 to $90-110MM and $75-105MM for 2018.
$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?