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$UAL, which competes with $AAL and $DAL, said that for 1Q16, the company recorded a pre-tax profit of $688MM, excluding special items, $UAL's 8th consecutive quarter of profitability & highest first quarter pre-tax profit ever. Consolidated on-time performance was more than 12 points better YoverY and had 3600 fewer cancellations, down 20% YoverY.
$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?