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Looking ahead to 2017, $V expects revenue growth rates to step up from current level. The company will begin to see the impact of Costco and USAA conversion kick in. The company hopes to see recovery in the cross-border business and gas prices, helped by a weakening dollar. Nominal dollar growth could pick up as the dollar drag abates.
$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?