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$LYB said that going forward it expects Olefins & Polyolefin markets remaining tight during the near term. Planned maintenance activities is expected to impact 2Q16 results by approx. $20-30MM and refinery repair will impact results by an additional $40-70MM. Supply and inventory of natural gas and NGL to remain strong; pricing to remain favorable.
$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?