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$RRC said that gas pricing remained a challenge during 2Q16 and it expects natural gas production in the U.S. to continue to decline for the remainder of 2016. In 2Q16, production came in at 1.421 Bcfe per day. For 3Q16, production is expected to be 1.43 Bcfe per day. Annual guidance remains at the high end of 1.41-1.42 Bcfe per day.
$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?