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Guy Baber of Simmons asks about Capex and if it is coming below the internal plans. CFO John Eckhart said capital is on schedule and $MUR is not overspending its Capex. The company believes Capex is set at the right levels and it is happy with the efficiencies and cost reductions and plans to continue with the same regime.
$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?