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$NI 2Q15 Call: Following recapitalization, total debt level was reduced to $6.7Bil with weighted average maturity of approx. 14 years and average coupon of approx. 5.86%. On liquidity, $1.5Bil revolver credit facility went into place at separation. As of July 1, maintained net available liquidity of about $2Bil.
$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?