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$D's acquisition of $STR is mainly accretive to its EPS and will support the 2017 growth target by allowing the company to achieve or exceed the top end of the growth target for 2018. The company anticipates a $2.5Bil cash flow benefit over the next several years. Construction of Brunswick County combined cycle was about 96% complete at year end.
$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?