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$HOT expects 2016 EPS before special items of about $3.00-3.06, depreciation and amortization of about $280MM and interest expense of about $115MM. Full year effective tax rate is expected to be about 33%, and cash taxes from operating earnings are expected to be about $155MM.
$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?