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$IRM said that for 2016, the company expects its cash available for distribution and investment to be about $600MM. Capital deployment plans remain unchanged and for M&A, $IRM expects to spend about $100MM in emerging markets and $50MM in developed markets. Dividend per share is projected to grow double digits on avg. in 2017 and 2018.
$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?