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$KIRK said at the end of 1Q16 the company had $38.2MM in cash on hand and had no long-term debt or borrowings outstanding under its revolving line of credit. In 1Q16, CapEx was of $8.7MM with about 79% relating to new stores and existing store improvements, 11% relating to supply chain improvements and IT system improvement accounting for balance.
$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?