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For Vacation Ownership, in 2016, $WYN expects adjusted EBITDA of $728-754MM. Gross VOI sales is expected to grow 5-7% reflecting tour growth of 3-5% and flat to plus 2% VPG growth. $WYN intends to increase its new owner target this year which will dampen VPG but this will be more than offset by higher tours.
$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?