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Upon the closing of the Omnicare acquisition in Aug. 2015, $CVS assumed indebtedness of Omnicare that had a fair value of $3.1Bil, $2Bil of which was previously convertible into Omnicare shares that holders were able to redeem subsequent to the acquisition. From Aug. 18, 2015 to Sept. 30, 2015, all but $9MM of the $2Bil was redeemed and repaid.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.