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In 2Q16, $RMBS recognized an FX gain of $0.6MM related to stronger dollar against the British pound. Cash, cash equivalents and marketable securities were $259MM versus 348MM in 2Q15. During the quarter, company generated about $32.6MM in cash from 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?