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In 2016, $R expects significant lease fleet growth of 3,500 vehicles. However, there is an assumption of further deterioration in used vehicle pricing, with tractor pricing expected to fall by approx. 20% from the peak in 2Q15. Given the uncertainty in 2016 freight levels, $R has planned for lower rental demand & minimal rental capital 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?