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$SO said that its weather-adjusted residential sales fell 0.2% in 2Q16, but rose 0.6% YTD. This sales growth continues to be driven by strong customer growth exceeding expectations and actual growth in recent years. Conversely, residential use per customer is constrained by higher influx of multi-family construction & replacement of old equipment.
$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?