Want to join the conversation?
During 2Q16 $CSC sold certain intangible assets to a third party for total consideration of $19MM of which cash consideration was received of $10MM. Consequently, $CSC recorded a gain on sale of $19MM as a reduction of cost of sales in its GIS segment. As of Oct. 2, 2015, $CSC had $14MM of outstanding receivables related to these sales.
$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?