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Freight rail transportation services provider $KSU said its 2Q16 operating ratio was 61.3%. This includes the impact of a Mexican fuel excise tax credit of $34MM recognized in 2Q16 and this reflects the benefit for 1H16 impact of the fuel excise tax credit. Severe weather and flooding during 2Q16 south of Houston affected $KSU's network and cost.
$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?