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For 3Q16, $UNP expects sequential volume improvement similar to the levels seen towards 2Q16-end. In Ag Products, $UNP expects high grade inventory levels, strong domestic crop expectations and weakness in South American crops to drive strength in 2H16 grain shipments. Annual light vehicle sales for full-year 2016 will be 17.5MM vehicles.
$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?