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$WMT 1Q16 10-Q: Effective income tax rate was 32.4% vs. 34%in 1Q15. As of June 3, 2015, Walmart had 3,220,548,651 shares outstanding. Total number of shares purchased in 1Q15 were 3,465,689. Total outstanding long-term debt balance decreased $772MM for 1Q16. Short-term borrowings decreased $0.7Bil vs. $4.1Bil in 1Q15.
$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?