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As of March 31, 2016, $NFLX had aggregate outstanding long-term debt of $2.4Bil, net of $27.8MM of issuance costs, with varying maturities. Effective tax rate for 1Q16 was 31% versus 38% in 1Q15. The decrease in 1Q16 tax rate was mainly due to the permanent reinstatement of the Federal R&D credit in 4Q15.
$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?