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$OI still expects 2016 EPS of $2.18-2.29 and adjusted EPS of $2.25-2.35, which affirms prior guidance. After deducting additions to property, plant and equipment of about $450MM, free cash flow for 2016 is expected to be about $300MM, which is consistent with prior guidance.
$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?