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$EIX 2Q15 PR: Southern California Edison’s core earnings increased by $22MM or $0.07 per share vs. 2Q14, due to $100MM or $0.31 per share, tax benefit from revisions to liabilities for uncertain tax positions. Edison International Parent & Other’s core losses decreased by $4MM or $0.01 per share vs. 2Q14 primarily due to lower corporate expenses.
$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?