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$KSU achieved margin improvement in 3Q15, despite decline in volumes. $KSU's 9% rate of growth was more than double to last year. Sequentially, revenues were up about 8% and volumes were up about 9%. Revenue per unit decreased 5% despite an improving pricing environment, driven by reduced fuel surcharge and negative FX impact.
$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?