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Net additions to property, plant and equipment were $154MM in FY15 and were funded with a combination of cash on hand and cash generated from operations. $ADI expects capital expenditures for FY16 to be in the range of $140-160MM. As of Oct. 31, 2015, the company had no off-balance sheet financing arrangements.
$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?