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$KMI 2Q15 Call: At 2Q15-end, debt was $42.6Bil and debt to EBITDA ratio was 5.8x, which is higher than budget primarily due to Hiland acquisition. In 2Q15, KMI spent about a little over $915MM on acquisitions, expansions and contributions to equity investments for the expansion CapEx being the biggest piece of that.
$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?