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PSEG Power, a subsidiary of $PEG, cleared a new 540 MW combined-cycle gas plant at Sewaren as part of PJM's Reliability Pricing Model Base Residual Auction. The plant, which represents an investment of $625-675MM, is targeted to be completed and supplying energy to New Jersey and the region by the summer of 2018.
$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?