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$VAR 2Q15 10-Q: At April 3, 2015 (vs. at Sept. 26, 2014): Cash & cash equivalents were $862.2MM vs. $849.3MM. Inventories were $651.8MM vs. $572.3MM. Goodwill was $232.6MM vs. $240.6MM. The Company had $2MM of in-process R&D assets. The outstanding fixed fees and license fees commitments for the Siemens agreement were $5MM & $12MM, 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?