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$PEG had cash on hand of $394MM as of December 31, 2015. During 2015, the company maintained solid investment grade credit ratings and extended the expiration dates for about $2Bil of 5-year credit facilities for $PEG, PSE&G and Power from 2018 to 2020. $PEG increased its indicative annual dividend for 2015 to $1.56 per share.
$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?