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Oil and gas exploration company $MRO reported 4Q15 net loss of $793MM or $1.17 per diluted share versus net income of $926MM or $1.37 per diluted share in 4Q14, hurt by lower revenue. 4Q14 also had the benefit of $1Bil of income from discontinued operations. Total revenue and other income fell 40.9% to $1.5Bil versus $2.5Bil YoverY.
$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?