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$OXY expects 2016 capital program to be no more than $3Bil with production growth of 2-4% from ongoing operations. $OXY ended 2015 with $4.4Bil in cash and expects to receive about $900MM more from the Ecuador settlement and $300MM in proceeds from asset sales in the coming months.
$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?