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$SRCL said its covenant debt-to-EBITDA ratio was 3.45, and the unused portion of the revolver was approx. $506MM at the end of 2Q16. In 2Q16, the company repurchased 32,962 shares of common stock on the open market in the amount of $3.1MM. At the end of 2Q16, $SRCL had authorization to purchase 3.3MM shares.
$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?