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In the Eagle Ford Shale, $PXD has placed about 36 wells on production in 3Q15, a mixture of upper and lower targets. The company has POPed about 85 wells so far with 100 targeted for 2015. $PXD's plan is to continue with 6 rigs in 2015, down from 9 rigs in 2014. The company expects to have only about 15 POPs in 4Q15 compared to 36 POPs in 3Q15.
$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?