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For FY15, $GM is on plan to improve full year profit and margin growth compared to last year. In South America $GM is not seeing any near term macroeconomic recovery, but expects a recovery. Cash CapEx outlook for 2015 is $8Bil compared to the previous guidance of $9Bil. FY15 free cash flow forecast is expected to be about flat with 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?