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Oil and gas E&P company $CHK has budgeted total capital expenditures of $1.3-1.8Bil for 2016, approx. 57% lower than 2015 levels. In 2016, the company plans to place approx. 330 to 370 wells on production, resulting in total production decline of approx. 0% to 5% compared to 2015, after adjusting for asset sales.
$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?