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$T 2Q15 Q&A: Barden of BoA Merrill Lynch wanted to know about scope of current giga-power initiative. Michael responded that LTE network is lower cost. Continuing to see people use more data and buying up into bigger plans, that’s helping. Customers want to hold their phones longer under next plan, at least longer than initial expectation.
$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?