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$REXX reported a wider 1Q16 loss as a crash in commodity prices saw the oil and gas company's net revenue falling by 44% . 1Q16 net loss was $60.1MM, or $1.11 per share, compared to a net loss of $20.2MM, or $0.37 per share a year ago. Revenue fell to $30.5MM.
$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?