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$OXY said that it expects to receive an additional $900MM of cash this year from its settlement with the Republic of Ecuador, of which, company had collected $300MM to date and about $300MM of proceeds from asset sales during this quarter. In the U.S., the company had ceased all gas drilling activity and will focus its capital in the Permian basin.
$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?