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$DVN lowered its full-year 2016 lease operating expenses (LOE) outlook by $150MM to a range of $1.6-1.7Bil, due to the operating cost performance achieved year-to-date and the impact of recent asset divestitures. With this improved outlook, $DVN is now on track to reduce LOE and production taxes by nearly $600MM compared to 2015.
$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?