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$AAL today reported a record August. Total revenue passenger miles grew by 5%, while total capacity increased by 2.7% for the month of August compared to 2014. Total passenger load factor was 86.5%, up 1.9 percentage points compared to Aug. 2014. $AAL expects consolidated PRASM to be down approx. 6-8% YoverY & pretax margin of 16-18%.
$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?