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$KBR said that U.S. Second Circuit Court of Appeals affirmed a judgment in excess of $465MM for its subsidiary COMMISA against PEMEX Exploracion y Produccion (PEP). Since 2004, COMMISA was not compensated for the two offshore natural gas treatment, processing and reinjection platforms which it built for PEP, the company said.
$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?