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$DVN now expects its full-year 2016 upstream capital program to range of $1.1-1.3Bil, an increase of $200MM from prior guidance. The incremental capital investment will be deployed in the Delaware Basin and the Oklahoma STACK play beginning in 3Q16 with the addition of three operated rigs. $DVN is evaluating further accelerating activity in 4Q16.
$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?