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$COP 2Q15 Call: We increased debt by $2.4Bil. The debt included is fixed and floating rate bond tranches with an average maturity of 5-6 years and average interest rate of 1.9%. For 1H15, we spent $5.7Bil in capital that was comprised of $3.3Bil in 1Q15, reducing down to $2.4Bil in 2Q15.
$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?