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Hong Kong Disneyland Resort (HKDL) plans to build a third hotel at the resort, which is expected to open in 2017 and cost approx. $550MM. To fund the construction, $DIS will contribute approx. $219MM of equity, and Hong Kong Special Administrative Region (HKSAR) will convert an equal amount of its outstanding loan to HKDL into equity.
$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?