Want to join the conversation?
$EBAY 2Q15 Call: With respect to share count on a go-forward basis for PayPal, Patrick said the starting point will be determined by the conversion rate on June 20, 2015. He also said the formula is simple, ratio of opening price of PayPal vs. closing price of eBay Inc. Every existing holder of eBay Inc. gets 1 share of PayPal & 1 share of eBay.
$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.