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$CSCO's inventory balance was $1.5Bil as of Oct. 24, 2015 versus $1.6Bil as of July 25, 2015. The company's provision for inventory was $27MM in 1Q16 versus $11MM in 1Q15. The provision for the liability related to purchase commitments with contract manufacturers and suppliers was $41MM in 1Q16.
$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?