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$PNR still expects 2016 adjusted EPS of $4.05-4.25, representing an increase of 5% over 2015 adjusted EPS of $3.94. $PNR predicts 2016 sales of $6.6Bil, or up about 2% on reported basis and down 2-3% on core sales basis. $PNR projects to generate free cash flow about equal to adjusted net income 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?