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$BA said a World Trade Organization compliance panel ruled that the European Union has failed to comply with its obligation to remedy $17Bil massive subsidies European governments have provided to create and sustain Airbus for more than 40 years. WTO also finds Airbus got new illegal subsidies for A350, which are reported to be almost $5Bil.
$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?