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$ICPT 2Q15 Call: We ended the quarter with $773MM cash and cash equivalents and investment securities available for sale on our balance sheet. For FY15 we are increasing our non-GAAP adjusted operating expense guidance; from an $180MM to $200 to approx. $240mm. This represents approx. $170MM of adjusted operating expenses in 2H15.
$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?