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$TSN 3Q15 Call: Net to EBITDA for the past 12 months was 2.6x. Net to EBITDA was 2.2x on a pro forma basis including Hillshire’s results for the past 12 months & adjusting net debt was $400MM in proceeds related to the sale of our Mexico operation. Net interest expense was $70MM during 3Q15. Total liquidity was $1.7Bil, above our goal of $1.2Bil
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.