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During 1H16, $SYY paid $98.2MM for acquisitions, which did not have a material effect on the company's operating results, cash flows or financial position. As of Dec. 26, 2015, aggregate contingent consideration outstanding was $28.4MM, of which $20.7MM was recorded as earnout liabilities as of Dec, 26, 2015.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.