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Electric utility $AEP said the Ohio Supreme Court upheld capacity cost charges for its Ohio utility unit, but rejected a part of AEP Ohio's retail stability rider competitive transition charge. The full impact of the decisions will be known after remand to the Public Utilities Commission of Ohio, but $AEP expects the financial result to be minimal.
$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?