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$RTN expects to make required contributions to its pension and postretirement benefit plans of approx. $165MM in 2016. Federal and foreign net tax payments for 2016 are expected to approximate $700MM. The decrease in expected federal and foreign net tax payments in 2016 is mainly due to the timing and amount of pension contributions.
$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?