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$RRC, which competes with $CHK and $XOM, said production for 2016 is expected to average 1.39-1.42 Bcfe per day with 30-35% liquids, which works out to 8-10% production growth for the year on a pro forma basis, adjusted for asset sales. Production for 1Q16 is expected to be approx. 1.35 Bcfe per day with 30-32% liquids.
$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?