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$VOXX's cash position as of Aug. 31, 2016 was $4.9MM versus $11.8MM as of Feb. 29, 2016. Cash receivables net were $81.1MM, down $5.9MM. The company's inventory position stood at $160.8MM, up $16.8MM. This was mainly due to higher inventory in support of product load-ins planned for 3Q17 within the Consumer Accessories and Premium Audio segments.
$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?