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$HES for FY16 expects E&P capital & exploratory expenditures to be in $2.9-$3.1Bil range, down by about 27% from its FY15 outlook. Oil and gas production is expected to be in 330,000-350,000 boepd range compared to projected production of 370,000-375,000 boepd in 2015 & 360,000 boepd in 4Q15.
$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?