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$TJX anticipates capital spending for FY16 to be approx. $975MM. In 1H16, $TJX purchased $226MM of investments compared to $194MM in the comparable prior year period. This was primarily related to short-term investments which had initial maturities in excess of 90 days and are not classified as cash on balance sheet.
$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?