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$TMK expects free cash flow in 2016 to be around $320MM. Including the $46MM available to the parent from assets on hand at the beginning of the year, the company currently expects to have approx. $366MM of cash and liquid assets available to the parent during the year.
$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?