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For full-year 2016, $MMM maintained its forecast for EPS in the range of $8.10-8.45, with organic local-currency sales growth of 1-3%. $MMM continues to expect its tax rate to be in the range of 29.5-30.5%, and free cash flow conversion in the range of 95-105%.
$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?