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$TXN 2Q15 Call: In April, we retired $250MM of debt. In addition, we issued $500MM of 5-year debt at a coupon rate of 1.75%. Including the $750MM of debt due in Aug. 2015, we'll have retired $1Bil while having issued $500MM in debt this year. This will leave total debt of $4.125Bil with a weighted average coupon rate of 2.3%.
$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?