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$XOM 2Q15 PR: Upstream earnings were $2Bil, down $5.9Bil from 2Q14. Downstream earnings were $1.5Bil, up $795MM from 2Q14. Downstream and Chemical segment earnings increased significantly from 2Q14, driven by higher margins, continued strong demand, and the quality of the company’s product and asset mix. Produced 4MM oil-equivalent barrels per day.
$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?