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$NSC's utility coal tonnage fell 10% in 3Q15 on reduced coal burn due to significantly lower natural gas prices. Export coal tonnage dropped 37% on strong competition faced by U.S. coal suppliers due to excess coal supply, depressed coal prices and strong USD. Domestic metallurgical coal tonnage fell 17% on customer sourcing changes.
$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?