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$REX said gross profit declined to $8.4MM for 1Q16. This decline was principally due to lower DDG pricing. Tax rate for 1Q16 was approx. 35%. The company's crush spreads appear to be getting better. $REX has no long-term hedges on the plants that it controls so it gets direct impacts from increases in crush spreads.
$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?