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$LVLT expects 2016 GAAP interest expense of about $570MM, net cash interest expense of about $520MM and capital expenditures of about 15% of total revenue. $LVLT sees 2016 depreciation and amortization of about $1.23Bil, income tax rate of about 30%, income tax expense of about $40MM and non-cash compensation expense of about $130MM.
$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.