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Offshore drilling company $ESV said it is facing challenging market conditions. The recent incremental leg-down in commodity prices and uncertainty regarding the timing and degree of rebalancing in the oil markets has caused customers to further reduce Capex, resulting in a possible extension of the downcycle for the offshore drilling sector.
$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?