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Mitchelson from UBS wants a clarification on whether revenue growth in the cable network business will be in line to ahead of OpEx on a go-forward basis. $DIS CEO Bob Iger said that the company fully expects its Media Networks, including ESPN, to continue to deliver bottom line growth, which means revenue growth is going to outpace spending.
$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?