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$UPS, which competes with $FDX and United States Postal Service, said it expects 2016 revenue to increase between 6% and 8%. CapEx is expected to be about 4.5% of revenue or $2.8Bil. The company is projecting 2016 diluted EPS to increase within a range of $5.70-5.90, which is a growth rate of 5-9%. Excluding 2015 tax credits, growth rate is 7-11%.
$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?