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Allentown, Pennsylvania-based utility company $PPL said that Britain's decision to leave EU has created broader economic uncertainty in the UK and has led to significant volatility in the currency and worldwide market. $PPL added that its base revenue is set (in GBP) for 7 years in U.K. and the company is sheltered from an economic recession.
$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?