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Energy company $NRG posted loss during 2Q16 due to $198MM in impairments and the loss on sale of assets and $80MM loss on debt extinguishment. Net loss was $276MM or $0.61 loss per share vs. $9MM or $0.06 loss per share in 2Q15. Operating revenue fell 22% vs. 2Q15, hurt by lower revenues in Retail Mass and Generation segments.
$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?