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$XRX said the company is increasing its CapEx guidance to $350MM to incorporate seperation expenditures, resulting in updated free cash flow guidance of $600-850MM. The company also expects acquisition investments to approx. $100MM and use the remainder of free cash flow to reduce debt.
$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?