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$BHI said the company continued to experience pricing pressure during the quarter, although prices in some markets begun to reach bottom. $BHI ended the quarter with $3.9Bil of cash and CapEx was $70MM, down 19% sequentially. Going forward, the company expects CapEx to range between $300-400M for FY16.
$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?