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$TJX had cash and cash equivalents totaling $1,910.7MM as at 2Q16-end. Of the total, $TJX's foreign subsidiaries held $1,100.3MM. $TJX held $327MM of the $1,100.3MM in countries where it has the intention to reinvest any undistributed earnings indefinitely. On a YoverY basis, $TJX's reported a cash and cash equivalents decline of 12.4%.
$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?