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For 2016, $DTE reiterated its operating EPS outlook of $4.80-5.05. The company expects to spend $6.5Bil over the next ten years on replacing aging infrastructure, addressing overloaded substations and in enhancing technology. From 2016 to 2020, the company anticipates to spend $600MM on replacing 4,000 miles of cast iron and unprotected main steel.
$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?