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$TJX expect its capital expenditures in FY17 to be about $1.1Bil, including about $600MM for its offices and distribution centers to support growth, about $300MM for store renovations and about $200MM for new stores. $TJX plans to fund these expenditures through internally generated funds.
$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?