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$AJRD reported that to develop the AR1 engine the Air Force intends to initially commit $115.3MM, with Aerojet Rocketdyne and ULA contributing $57.7MM. Total potential government investment, including all options, is $536MM and total potential investment by Aerojet Rocketdyne and its partners is $268MM.
$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?