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$OGS said it expects net income and EPS to grow 5-8% annually between 2015 and 2020. Rate base is expected to grow about 5% per year between 2015 and 2020. CapEx is expected to be $305-325MM per year between 2016 and 2020. $OGS expects average annual dividend to grow 8-10% between 2015 and 2020, with target payout ratio of 55-65% of net income.
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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.