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$RAI 2Q15 Call: RJ Reynolds turned in another strong quarter supported by higher cigarette pricing and the completion of the Federal Tobacco Quota buyout. In addition, the company's cigarette shipments increased in second quarter, benefiting from the addition of two weeks of Newport. RJ Reynolds cigarette volumes therefore increased by almost 4.5%.
$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?