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$CMCSA said that consolidated CapEx rose 15.2% to $2.3Bil in 2Q16. Cable Communications CapEx rose 12% to $1.9Bil. The higher spending reflects increased investment and line extensions and higher level of investment and scalable infrastructure to increase network capacity. NBCUniversal CapEx rose 32.4% to $360MM for 2Q16.
$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?