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$KSU said for 2016 it expects fuel excise tax credits to approximate $60MM plus and $40MM plus after-tax depending on fuel usage, the level of excise tax per gallon imposed by the government and FX. The company expects to fully utilize the credit for 2016, but utilization is dependent on various factors that influence its level of taxable income.
$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?