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Power & energy company $D said that 1Q16 net cash provided by operating activities increased $61MM, primarily due to higher deferred fuel cost recoveries in its Virginia jurisdiction and changes in other working capital items. This was partially offset by higher net margin collateral requirements and the impact from unfavorable weather in 2016.
$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?