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$AEP said that during 1Q16, the ROE for AEP Ohio was in line with expectations and the company expects to finish this year in line with 11.9% ROE forecasted. For Kentucky Power, the company is seeing the expected continual improvement at quarter-end. The Commission authorized a $45MM rate increase effective in July 2015. This will improve 2016 ROE.
$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?