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$DAL said that 1Q16 OpEx was down more than $1Bil as the decline in fuel costs offset wage increases as well as higher profit-sharing expense, which doubled vs. 1Q15. The company's non-fuel CASM rose 4.5%, including profit sharing with roughly half coming from higher profit sharing in the quarter.
$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?