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For 2016, $DO expects it will incur a maintenance CapEx of approx. $150MM, down vs. $215MM in 2015. Newbuild CapEx for 2016 is expected to be $525MM, which includes oversight costs in the final 70% shipyard payment for the Ocean Great White. Adding these together, maintenance and newbuild CapEx is expected to be approx. $675MM in 2016.
$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?