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$XOM said its downstream earnings for 4Q15 rose by $854MM to $1.4Bil from last year. Stronger margins and favorable volume and mix effects increased earnings by $610MM and $70MM. All other items increased earnings by $170MM, including lower maintenance expenses and favorable foreign exchange and tax effects.
$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?