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$MEI said that in 1Q17 the company spent $4.2MM in CapEx and for FY17 the company expects CapEx to be between $19-22MM. For FY17, depreciation and amortization is expected to be between $23-25MM and EBITDA is expected to be in the range of 15-16% or between $126-141MM.
$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?