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$CF projects FY16 CapEx of about $1.8Bil, consisting of about $1.2Bil for capacity expansion projects and $600MM of sustaining and other expenses. In 2H16, company expects capacity expansion projects and OCI merger to be complete. $CF expects capacity additions to fall in 2017 and beyond, and expects nitrogen demand to grow 2% per year.
$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?