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$DUK and the Obama administration announce a settlement to resolve long-standing claims that Duke violated the Clean Air Act by unlawfully modifying 13 coal-fired electricity generating units in NC. As part of the settlement DUK to pay a $975K civil penalty, shut down one coal-burning unit and spend $4.4MM on environmental mitigation projects.
$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?