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$KLAC leases certain of its facilities under arrangements that are accounted for as operating leases. Rent expense was $2.1MM and $2.2MM for the 3Q16 and 3Q15, respectively. Rent expense was $6.4MM and $6.8MM for the nine months ended March 31, 2016 and 2015, respectively.
$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?