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At Dec. 31, 2015, $XEC had letters of credit outstanding of $2.5MM under the credit facility. This was excluding an unused borrowing availability of $997.5MM. The company's highest amount of bank borrowings outstanding during 2015 was $10.0MM in May.
$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?