Want to join the conversation?
In Dec., a tax law was passed that extends and modifies bonus depreciation for property placed in service from 2015-2019. $WEC estimates it will receive approx. $1Bil of cash benefits from this extension of bonus depreciation with most of the benefits coming in 2016 and 2017.
$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?