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The largest US electric power holding company $DUK reported lower 2Q16 results, hurt by lower operating revenues. $DUK said net income attributable to the company fell 6.26% to $509MM or $0.74 per diluted share from $543MM or $0.78 per share a year ago. Total operating revenue fell 1.87% to $5.49Bil. Excluding items, $DUK earned $1.07 per share.
$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?