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$DO said G&A costs are still expected to average around $15-20MM per quarter for the remainder of 2016. Interest expense on the company's current debt and expected borrowings on the bank line of credit net a capitalized interest is projected to average around $28MM per quarter for the rest of 2016.
$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?