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$KSS said it expects CapEx of $825MM in 2016, approx. $135MM higher than 2015. About $60MM of the increase was related to a timing shift in IT, mainly due to the company's register purchase for the new point-of-sale system this year. Construction of $KSS' fifth e-commerce fulfillment center is set to begin in 2016 with a goal to open in fall 2017.
$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?