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$PDCE has raised the mid-point of its 2016 production volume outlook by 40% to 21.5 MMBoe versus 2015, with an expected Dec. exit rate in excess of 64,000 Boe per day. CapEx is reduced to $400-420MM from previously guided $410-440MM. $PDCE expects net cash from operating activities of $440-465MM and adjusted cash flow from operations of $450-475MM.
$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?