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BMO analyst Scott Graham questions $ATU that with acquisitions getting nearly to $300MM, do the next four quarters need to be running free cash flow. CFO Andy Lampereur says that debt target zone is 1.5-2.5x net debt-to-EBITDA, so the company is on the higher end of that rate currently. $ATU expects to be spending more than free cash flow on debt.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.