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At Dec. 31, 2015, $BHI had cash and cash equivalents of $2.32Bil, of which approx. $2.01Bil was held by foreign subsidiaries. Total debt outstanding at Dec. 31, 2015 was $4.04Bil, a decrease of $92MM compared to Dec. 31, 2014. Total debt-to-capital ratio was 0.20 at Dec. 31, 2015 compared to 0.18 at Dec. 31, 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?