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$WYN said the company's target for 2016 cash flow remains at approx. $800MM. For 2Q16, the company expects adjusted diluted EPS of $1.35-1.38. Also in Vacation Ownership, $WYN expects continued pressure on defaults and provision, reducing the EBITDA growth rates. In the Hotel Group, RevPar in the oil regions is expected to remain challenging.
$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?