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$NEM expects sustaining capital to increase from $700-750MM in 2016 to $800-900MM in 2017 to cover equipment rebuilds, water treatment and tailings storage facilities. Sustaining capital is expected to remain stable at $700-800MM to cover infrastructure, equipment and ongoing mine development in the longer term.
$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?