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New York-based holding company $L said 2Q16 results were dominated by asset impairments at Diamond Offshore which overwhelmed favorable results posted by CNA Financial and Boardwalk Pipeline as well as good returns generated by the parent company investment portfolio.
$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?