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Metals company $AA said it has signed a long-term contract with Embraer worth about $470MM. Under the multiyear agreement, $AA will supply aluminum sheet and plate for Embraer's new E2s, the second generation of its E-Jets family of commercial aircraft. The long-term deal makes $AA sole supplier to Embraer for materials on the E2 line of jets.
$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?