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$EMN said it is well on track with its cost reduction efforts to deliver $100MM to the bottom line without sacrificing its long-term growth initiatives. The company is on track to deliver $900MM of free cash flow in 2016, enabling the company's strong dividend, deleveraging and accelerating its share repurchases.
$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?