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$ED estimates that, as of June 30, 2015, 10% fall in market prices would result in a decline in fair value of $55MM for derivative instruments used by utilities to hedge purchases of electricity and gas. $ED expects that any such change in fair value would be largely offset by directionally opposite changes in cost of electricity and gas purchased.
$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?