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$MON's cash and cash equivalents fell $859MM between Nov. 30, 2015 and Nov. 30, 2014 primarily due to the $3Bil ASR agreements entered into during 1Q16. $MON expects FY16 cash required by investing to be $1.1-1.3Bil, with the CapEx portion primarily allocated towards the seeds and genomics segment and growth platforms.
$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?