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As of Dec. 31, 2015, $NOC's cash, cash equivalents and marketable securities held outside of the U.S. by foreign units was $551MM. $NOC plans to permanently reinvest these balances and expects future U.S. cash generation to be sufficient to meet future U.S. cash needs. CapEx commitments were $393MM and are expected to be paid with cash on hand.
$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?