Want to join the conversation?
FOMC Minutes: FOMC today released the Minutes of the meeting held on July 28 & 29. Real GDP rose moderately in Q2 after edging down in Q1. Consumer price inflation continued to run below FOMC's longer-run objective of 2%. After declining for 5 consecutive months, industrial production rose in June, partly reflecting an increase in output of mines.
$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?