Want to join the conversation?
At 3Q16-end, $ADI had a cash and short-term investment balance of $3.8Bil. The company had approx. $1.8Bil in debt outstanding, which resulted in a net cash position of $2Bil. In 3Q16, free cash flow margins expanded 600BP as compared to the prior year.
$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?