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$BLL expects 2017 free cash flow of $750-850MM, excluding one-time items related to Rexam acquisition. $BLL's current plan is to reduce leverage as quickly as possible, continue dividend and then return value to shareholders via notable share repurchases as soon as targeted capital structure is of 3.0-3.5 times net debt to comparable EBITDA.
$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?