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$KO 1Q15 10-Q: Cash and cash equivalents were $8.21Bil vs. $8.96Bil in 1Q14. Long-term debt increased $7.02Bil, primarily due to the issuances of KO’s euro-denominated debt, partially offset by the early extinguishment of debt during 1Q15. Loans and notes payable decreased $4.75Bil and current maturities of long-term debt decreased $1.51Bil.
$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?