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During 2Q16, $NRG finalized the sale of Rockford & Aurora plants for $425MM, bringing total cash consideration from asset sales to $563MM. This surpasses the company's initial target of $500MM. $NRG intends to reduce its CapEx program by $650MM for 2017 after the completion of fuel conversions at New Castle & environmental operates at Avon Lake.
$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?