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$AN said 2Q16 non-vehicle interest expense rose to $28.7MM vs. $21.6MM in 2Q15. The $7.1MM increase in interest expense was driven by higher average debt balances resulting mainly from share repurchase and acquisition. At June-end, the company had $2.7Bil of non-vehicle debt, up $28MM vs. March 31, 2016.
$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?