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$EXPE invests in investment grade corporate debt securities, all are classified as available for sale. As of Sept. 30, 2015, $EXPE had $35MM of short-term and $76MM of long-term available for sale investments and amortized cost basis of investments approximated fair value with gross unrealized gains and losses both of less than $1MM.
$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?