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Energy company $CMS reported a jump in 2Q16 earnings driven by higher revenue and lower operating expenses. Net income grew to $125MM or $0.45 per share from $68MM or $0.25 per share last year. Operating revenue rose to $1.37Bil from $1.35Bil.
$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?