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$FTI expects CapEx to be about $150MM in 2016, largely for maintenance expense in the subsea business. For rest of 2016, company expects to make contributions of about $45MM and $5.3MM to the domestic and international pension plans, respectively. $FTI expects to pay $6MM to US Non-Qualified Defined Benefit Pension Plan for rest of 2016.
$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?