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$CORE said its key assumptions for 2016 remain unchanged and include $13MM of LIFO expense, a 38.5% tax rate and 23.4MM fully diluted shares outstanding. The company also reaffirmed CapEx estimates for 2016 of approx. $50MM, which will be used for expansion projects, including a new warehouse in Las Vegas, and maintenance investments.
$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?