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$SPHS will also use proceeds from the offering for working capital and corporate purposes, which may include R&D, G&A, and manufacturing expenses, and monthly principal and interest payments to Oxford Financial. Company believes its cash, cash equivalents and investments, together with the proceeds, will fund its operations into at least 2Q18.
$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?