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Alaska Airlines, a subsidiary of $ALK said the company plans to form a wholly owned subsidiary called McGee Air Services, a dedicated airline services company. Initially, the company will provide airline services for Alaska Airlines. McGee Air Services will operate as a vendor to Alaska Airlines & will compete for Alaska contracts in select cities.
$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?