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$QRVO said as of April 2, 2016 its total cash, cash equivalents and short-term investments were $612.7MM. This balance includes approx. $205.2MM held by $QRVO's foreign subsidiaries. The company currently expects to reinvest these funds outside of the US permanently and do not expect to repatriate them to fund its US operations.
$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?