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$MPC's depreciation and amortization for 2015 increased by $320MM from last year. The increase was primarily due to impairment charge related to cancellation of ROUX project at its Garyville refinery and depreciation of fair value of assets acquired along East Coast and Southeast on Sept. 30, 2014 by its Speedway segment.
$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?