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Citi Research analyst Praful Mehta probes on the sensitivity of retail being counter-cyclical to the EBITDA sensitivity. $NRG CEO Mauricio Gutierrez says that retail business will contract in the margin. When gas prices rise, the negative impact on retail is offset by a significant multiple on the generation side.
$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?