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$PXD's drilling capital of $1.85Bil in 2016 continues to be focused on oil and liquids-rich drilling. Substantially all of this drilling capital is allocated to horizontal drilling activities in the Spraberry/Wolfcamp field. The capital budget is expected to be funded from operating cash flow, cash and cash equivalents, and others.
$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?