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$SPG's effective overall borrowing rate at March 31, 2016 on consolidated indebtedness fell 55 basis points to 3.76% from 4.31% last year. This reduction was primarily due to fall in effective overall borrowing rate on fixed rate debt of 72 points offset by rise in effective overall borrowing rate on variable rate debt of 32 points.
$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?