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As of Sept. 30, 2015, $BMY's cash, cash equivalents and marketable securities were $10.04Bil, of which approx. $930MM were held in the U.S. Most of the remaining $9.1Bil is held primarily in low-tax jurisdictions and is attributable to earnings that are expected to be indefinitely reinvested offshore.
$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?