Want to join the conversation?
$KHC's 9% Series A Preferred Stock entitles holders to a 9% annual dividend to be paid quarterly in cash or in kind. The company made cash distributions of $540MM during year-to-date 2015 and expects to continue to make cash distributions to fund this dividend as long as the Series A Preferred Stock remains outstanding.
$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?