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$ESRX said that it expects 2016 EPS to be in the range of $6.10-6.28, up 10-14%. Despite the effects of the Coventry and Catamaran business rolling off, which represents approx. 3% of claims, the company expects 2016 EBITDA to be $7.2-7.4Bil or up 3-5%. The company also expects to generate $4.6-5.1Bil of cash flow from operations during 2016.
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.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.
$C gets hit with a $25 million fine for spoofing charges. Interesting! This is the first time a bank has been hit with such charges.