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The unemployment rate stayed at 5.3% in July but fell to 5.1% in August, according to the FOMC's Minutes of Sept. 16-17 meeting. With the labor force participation rate unchanged over this period, the employment-to-population ratio edged up. The unemployment rate is expected to decline a bit further over the remainder of 2015, the Minutes suggest.
$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?