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$CBS, the owner of the Showtime cable network and the CBS broadcast-television network, said that 2016 will be a strong year in terms of retransmission consent and reverse compensation. CEO Leslie Moonves said that pricing has increased in a faster rate, helping the company to pass the $1Bil in revenue this year and exceed $2Bil by 2020.
$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?