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$UA's total cash & cash equivalents for 3Q15 decreased 36% to $159MM vs. $249MM at Sept. 30, 2014. Inventory for the quarter increased 36% to $867MM vs. $637MM at Sept. 30, 2014. Total debt increased to $905MM during the quarter vs. $192MM at Sept. 30, 2014, primarily reflecting borrowing to fund the two Connected Fitness acquisitions.
$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?