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Bayer said it is highly confident in its ability to finance the $MON transaction as it is backed by BofA Merrill Lynch and Credit Suisse. Bayer said it intends to finance the deal with a combination of debt & equity. The expected equity portion represents about 25% of the deal's enterprise value, expected to be raised mainly via a rights offering.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!