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$MRO has allocated $1.15Bil to activity in North America and about $170MM for its International assets. Company has reduced conventional exploration spending to $30MM, down from about $250MM in 2015. $MRO expects to spend about $40MM for sustaining capital projects in its Oil Sands Mining (OSM). The corporate budget is expected to be about $40MM.
$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?