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$TXN had $1Bil of cash and cash equivalents and $2.22Bil of short-term investments as of Dec. 31, 2015. The company's U.S. entities owned about 80% of these amounts combined at the end of 2015. $TXN considers it has the requisite financial resources and operating plans to fund the working capital needs, capex, dividend and debt-related payments.
$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?