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$LNC said the annualized return on its alternative investments was nearly 6% in 2Q16, a significant improvement sequentially, however, still below the long-term avg. and targeted return of 10%. The sequential improvement was driven by better results from both $LNC's private equity investments and hedge funds.
$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?