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Electric utility holding company $SO reported 3Q15 earnings increase of 33.5% YoverY to $959MM, or $1.05 per share. Total revenue was up 1.1% from 3Q14 to $5.401Bil. Earnings for 3Q15 was positively influenced by retail revenue effects at $SO's traditional operating companies and stronger than expected performance of its Southern Power subsidiary.
$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?