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At Dec. 31, 2015, $CMI had cash and cash equivalents of $1.7Bil, of which approx. 26% was located in the U.S. and 74% was located outside the U.S., primarily in the U.K., China and Singapore. As of the same date, the company had marketable securities of $100MM, of which 66% is located in India and 33% is located in the U.S.
$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?