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Ryan Brinkman of JPMorgan probes about the outlook for headwind from user car prices and the tailwind from the offsetting factors. $F CEO Mark Fields replies that it is a not a demand issue, but a supply issue as more of the three-year leases come off. He said the company is going to watch user car prices closely.
$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?