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$CHK said that by exiting the Barnett Shale, it expects to increase its operating income for the rest of 2016 through 2019 between $200-300MM, eliminate approx. $1.9Bil of total future midstream and downstream commitments, and increase the PV-10 of its proved reserves. The company expects to close this transaction in 3Q16.
$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?