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Second largest US oil company $CVX said excluding foreign exchange and special items, loss for 1Q16 totaled $211MM or a negative $0.11 per share. Cash from operations for 1Q16 was $1.1Bil and the company's debt ratio at the end of the quarter was 22%. $CVX's net debt ratio was 18% in 1Q16.
$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?