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In 2015, $UNP's Opex decreased nearly $1.5Bil from 2014 driven by significantly lower fuel prices and volume-related cost savings. Productivity gains in 2H15 also drove expenses lower. These decreases were partially offset by wage inflation, higher depreciation, and property taxes.
$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?