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Oil and gas producer $CXO's CEO Timothy Leach said that the company is operating in one of the toughest commodity price environment. The company said that according to EIA's current estimate, oil production in Lower 48 (the continental states of the U.S. excluding Alaska) is set to decline by nearly 1MM barrels per day in 2016.
$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?