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$OXY 2Q15 Call: We estimated about $450MM in captured cost reductions. We expect our 2015 capital outlays to be about $5.8Bil as we’ve redeployed some of the cost savings in drilling more wells in our Permian Resource business unit. In short, we are learning to do more with less and expect continued improvement in productivity through the year.
$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?