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$ADI 3Q15 Call: Excluding special items, diluted EPS of $0.77 increased by 5% over the prior quarter and 22% YoverY. At the end of 3Q, our cash and short-term investment balance was $3.1Bil, with approx. $700MM available domestically. We had approx. $870MM in debt outstanding which resulted in a net cash position of $2.2BIl. CapEx were $35MM.
$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?