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$CNX 2Q15 Call: CNX is moving forward by resetting the company using zero-based budgeting, lean manufacturing and continuous improvement to hold its E&P production growth targets, while achieving its free cash flow targets. Expecting units of production DD&A rate to decline from $2.25 to $0.35 per Mcfe as the result of the pre-tax impairments.
$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?