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Doug Creutz from Cowen and Company asks about excluding new business initiative investments from the adjusted EBITDA guidance and how much is budgeted for that in 2017. $LGF said it cannot give specific numbers. $LGF feels good about those and expect them to be contributing to the adjusted EBITDA in future. And it is going to be up.
$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?