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Provider of electric power generator $EIX said that its 2Q16 basic and core EPS is $0.85, down $0.31 per share than 2Q15. SCE's basic and core earnings are $0.21 per share lower and EIX Parent and Other are $0.10 per share lower. The lower earnings are mainly as a result of $0.31 per share of income tax benefits recorded in during 2Q16.
$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?