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$FOXA expects Cable Networks' pace of domestic affiliate fee rate growth to accelerate in 2H17. The Television segment's revenues and costs for FY17 would be influenced by the broadcast of Super Bowl 51 and the election cycle. Excluding the Super Bowl, Television expenses are anticipated to rise in the mid-single digit range.
$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?