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One of the drivers of the self-insurance reserve is that $FDX business is growing by driving more miles and by putting more trucks on the road. There is accrual based on the number of miles driven. GENCO exceeded $FDX's expectations today and is well on track to get the integration implemented quickly.
$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?