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Railroad company $CSX said it plans to develop major freight rail infrastructure project in Johnston County that will spur economic development in region and help position eastern North Carolina as major transportation logistics hub. Estimated project costs for proposed intermodal rail terminal, Carolina Connector, are $272MM.
$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?