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For FY17, $DRI has started ramping up the development pipeline for future sites and the company anticipates to open 24-28 new restaurants. The company expects to complete at least 60 Olive Garden remodels with an investment of between $250,000-450,000 each. Total CapEx is expected to be $310-350MM for FY17.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.