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Oil and natural gas company $SWN reported a narrower quarterly loss, helped in part by lower expenses. The company posted 2Q16 loss of $620MM, or $1.61 per diluted share, compared with a loss of $815MM, or $2.13 per diluted share a year ago. Revenue fell 32% to $522MM.
$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?