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$BBBY said it ended 1Q16 with approx. $645MM in cash and cash equivalents and investment securities. Retail inventories were approx. $2.9Bil at cost, an increase of approx. 2.3% compared to the end of 1Q15, due in part to the growth in the inventory in the company's distribution facilities for direct to customer shipments.
$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?