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Omaha, Nebraska-based $UNP said that for 1Q16, carload volumes declined in four of its six commodity groups with coal and industrial products down 34% and 10%, respectively. Automotive carloads were up 7% versus 1Q15. CEO Lance Fritz that core pricing and productivity improvements helped to offset an 8% decline in total volumes.
$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?