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In 1Q16, $RRC sold its non-operated interest in some wells and gathering facilities in Northeast Pennsylvania for $111.5MM and recorded a pretax loss of $2.1MM related to this sale. Also, company sold miscellaneous proved and unproved properties, inventory, other assets and surface acreage for $1.6MM resulting in a pretax gain of $443,000.
$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?