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$AAL's total available seat miles, (ASM) or capacity, for 2Q16 increased by 1.9%. Consolidated passenger revenue per ASM (PRASM) was 12.71 cents, down 6.3% versus 2Q15. Consolidated passenger yield was 15.42 cents, down 5.3% YoverY. Mainline cost per available seat mile (CASM) slid 4.6% to 11.32 cents, on 1.2% rise in mainline ASMs.
$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?