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Liquidity at 3Q15-end was just over $800MM including the ADL capacity of about $620MM and roughly $170MM of cash on the balance sheet. $URI bought back $167MM bringing the total share repurchase at quarter-end to $740MM, leaving $10MM to complete during the course of 4Q15.
$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?