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$KLXI said that for 1Q16-end, company's CapEx was of $19.2MM with free cash flow at $22.2MM. The company said that while it expects the Herndon acquisition to be accretive to EBITDA and EPS in FY16, exclusive of acquisition and integration cost, $KLXI expects the acquisition to be modestly dilutive to ASG's operating margin until integration.
$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?