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In total, $UNP said that it invested $4.3Bil in its 2015 capital program. For 2016, the company is targeting around $3.75Bil, pending final approval by its BoD. More than half of $UNP's planned 2016 capital investment is replacement spending to harden its infrastructure, replace older assets and to improve safety and resiliency of the network.
$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?