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In 2016, $AA forecasts a global aluminum deficit of 1.2MM metric tons & a global alumina deficit of 2.8MM metric tons due to global curtailments. The Company also expects 6% increase in global aluminum demand in 2016 to 60.5MM metric tons compared to 2015. Global aluminum demand is expected to double between 2010 & 2020.
$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?