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$R said that it expects slower fleet growth in 2H16 due to new vehicle production declines at OEMs and soft rate conditions. $R anticipates 2Q16 rental results to be below its initial forecast and further reduction in fleet size and rental pricing to be flat for 2016.
$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?