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Ruplu Bhattacharya from Bank of America asks that after the CapEx spend in FY16, how much revenue can the company's existing infrastructure support. $JBL CFO Forbes Alexander said the footprint and the capacity in place can certainly support its revenue base at $20-21Bil; so well placed through FY17 and FY18.
$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?