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In 4Q15, $R committed to a plan to shutdown Ryder Container Terminals (RCT) business in Canada. In Jan. 2016, the company entered into an agreement to sell CRSAL to a third party for approx. $2MM. Free cash flow fell to negative $728MM in 2015 from negative $315MM in 2014 due to higher capex and lower proceeds from vehicle sales in 2015.
$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?