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With global mining capital expenditures expected to step down again in 2016, $JOY remains intensely focused on cost reduction and cash generation. $JOY exceeded its cost reduction targets again in 2015 and is pro-actively taking actions to achieve another cost reduction in 2016.
$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?