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Natural gas company $OKE's Natural Gas Gathering and Processing segment's fee revenues averaged $0.68 per MMBtu in 1Q16. Due to restructured contracts, $OKE expects the Natural Gas Gathering and Processing segment's earnings to be more than 75% fee-based in 2016 and ONEOK Partners' consolidated earnings to be approx. 85% fee-based in 2016.
$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?