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In Dec. 2015, subsequent to 1Q16, $MU recorded capital lease obligations of $424MM related to equipment sale-leaseback transactions at a weighted-average effective interest rate of 2.7%, payable in periodic installments through Dec. 2020. In 1Q16, $20MM of capital lease obligations were recorded at a weighted-average effective interest rate of 5%.
$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?