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$TWTR expects capital expenditures to be $300-425MM for FY16 and adjusted EBITDA margin of 25-27%. $TWTR expects to generate significantly more free cash flow in 2016. For 1Q16, $TWTR said it will continue to work to scale its total audience offering including: Logged-out ads pilot test expansion and First View product pilot.
$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?