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Well site service provider $BAS reported Feb. 2016 well servicing rig count of 421, well servicing rig hours of 37,200 producing rig utilization rate of 35% versus 55% in Feb. 2015. Fluid service truck count rose by 1 to 987 and fluid service truck hours were 168,100. Drilling rig days for Feb. 2016 were 29 producing a rig utilization of 8%.
$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?