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$TRIP 2Q15 PR: Hotel segment revenue grew 13% to $343MM, representing 85% of total revenue. As of June 30, 2015, cash and cash equivalents and short and long-term marketable securities were $746MM, up $152MM since Dec. 31, 2014. As of June 30, 2015, TRIP had approx. 3,000 employees, up from approx. 2,400 at June 30, 2014.
$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?