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Oklahoma-based oil company $DVN said that going into 2016 the company will balance spending requirements with available cash flow and will not accelerate production into the current weak markets. The company is reducing its capital investment by 75% YoverY and also expects to reduce workforce by around 1,000 people.
$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?