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For 2016, $VRSK expects Capex of about $175MM, fixed asset depreciation and amortization of about $140MM and amortization of intangibles of about $121MM. Based on current debt balances, interest expense is expected to be around $130MM. Tax rate is expected to be 32-33%.
$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?