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Julien Dumoulin-Smith of UBS asks about MHI arbitration timing expectations. $EIX General Counsel Adam Umanoff said the company has conducted a hearing. The hearing has ended at the end of last week, April 29, and the company is expecting a ruling from the tribunal by the end of 2016.
$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?