Want to join the conversation?
Raymond James analyst Pavel Molchanov questions about M&A in the ethanol production space. $REX says that these were plants set previously and they will be redone & be better plants. These didn't run very well, didn't make money & went bankrupt. $REX wants to stick with premium plants. For other plants to be reopened, it needs to be in good hands.
$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?