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During 3Q15, $GAS recovered $1MM of hedge losses and for year-to-date 2015, $GAS recovered $3MM of LOCOM (lower of weighted average cost or current market price) adjustments that were recorded during 2014. The company expects to recover the remaining $2MM of hedge losses that were recorded in 2014 during 4Q15 and 1Q16.
$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?