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$VMC, which produces and sells construction materials, said it plans to allocate approx. $275MM of cash to core CapEx. The company said it does not expect to use cash in the near term to lower its total debt of approx. $2Bil. $VMC expects its dividend to grow roughly in line with earnings.
$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?