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$CBS, which competes with $DIS, $FOXA, said that in 2016, the company expects to see a lot of growth opportunities in affiliate and subscription fees. Retrans and reverse comp are on track to surpass $1Bil this year. The company expects to reset contracts to fair market value and achieve revenue goal of $2.5Bil in 2020.
$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?