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Railroad company $KSU reported a decline in 4Q15 earnings due to lower carload volumes, estimated impacts of Mexican peso depreciation and lower U.S. fuel prices. Net income slid to $139.3MM from $141MM last year, while EPS remained unchanged from last year at $1.28. Revenue slid 7% to $598MM. Adjusted EPS decreased by 3% to $1.23.
$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?