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$CHK 2Q15 Q&A: Portillo of Tudor asked about cash balances. Nick replied that the cash balance was forecasted earlier for 2015 to be at $2Bil that was before seeing some fall away in pricing. As for 2015-end, depending on pricing and number of other things, it will be less than $2Bil.
$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?