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Freight rail products company $WAB said its MotivePower subsidiary delivered a prototype locomotive, certified to meet the new Tier 4 emissions standards, to Metrolinx. MotivePower also signed a $97MM contract with Metrolinx to build 16 Tier 4 locomotives based on a similar platform and include AC propulsion. Delivery is expected to begin in 2017.
$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?