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$NLSN said cash and cash equivalents balances were $346MM and gross debt was $8.01Bil as of June 30, 2016. Net debt was $7.7Bil and the company's net debt leverage ratio was 4.03x at the end of 2Q16. Net CapEx was $112MM for 2Q16 as compared to $97MM in 2Q15.
$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?