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In 4Q15, core earnings for $EIX's Southern California Edison subsidiary decreased by $66MM or $0.20 per share from 4Q14, primarily due to lower authorized CPUC revenue and higher income taxes. Edison International Parent and Other's core loss increased by $2MM versus 4Q14, primarily due to income taxes and expenses.
$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?