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$PAHC said that its leverage ratio was 3.1 times at June 30, with $353MM of total debt against $114MM of adjusted EBITDA. The company had $34MM of cash on the balance sheet at June 30. 4Q16 cash flow was $19MM source of cash and routine quarterly dividends were $3.9MM that was paid in June and the same amount was declared to be paid in Sept.
$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?