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$COP expects its 2015 capital spending to come in at $10.2Bil, which is a 40% decrease from 2015 and a 11% decrease from its initial outlook for 2015. About half of the reduction was relates to foreign exchange and deflation. $COP is forecasting its operating cost to $8.2Bil for 2015, a 15% reduction from 2014.
$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?