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$PNW, which owns energy distributor Arizona Public Service, reported a lower quarterly profit, hurt by higher expenses though operating revenue rose. The company reported 2Q16 earnings of $121.3MM, or $1.08 per share, compared to earnings of $122.9MM, or $1.10 per share a year ago.
$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?