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$HELE said its cash and cash equivalents totaled $23.1MM at May 31, 2016, compared to $15.3MM at May 31, 2015. Total short- and long-term debt grew to $587.5MM at May 31, 2016 versus $434MM at May 31, 2015, a net increase of $153.5MM. The increase mainly reflects $210MM drawn to fund the Hydro Flask acquisition in March 2016.
$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?