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Energy company $XEL said 1Q16 was a solid quarter in which declining O&M expenses offset unfavorable weather and lower-than-expected sales. While electric sales in 1Q16 were below expectations, $XEL expects sales to improve in 2H16. The company is reaffirming its 2016 ongoing EPS guidance of $2.12-2.27.
$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?