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As of June 30, 2016, $COG had total debt of $1.5Bil and cash on hand of $517.5MM. The company's net debt to adjusted capitalization ratio and net debt to trailing 12 months EBITDAX ratio were 26.2% and 1.8x, respectively, compared to 50.1% and 2.5x as of Dec. 31, 2015.
$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?