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$BA said that on the 747 program, the company decided to reduce future production expectation and revenue assumptions to account for current and anticipated weakness in the air cargo market. Despite the air cargo market challenges, $BA is seeing 747 as a unique value creator for its customers over the long run.
$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?