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For FY16, $WBA anticipates adjusted net EPS to be $4.25-4.55 on a diluted basis. This guidance assumes no material accretion from the agreement to acquire Rite Aid, which is expected to close in 2H16, but reflects an adverse impact on EPS due to the suspension of the balance of $WBS's $3Bil share repurchase program to partly fund the transaction.
$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?