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On April 29, 2016, $LM entered into a forward starting, amortizing interest rate swap agreement with a financial intermediary. The swap has a 4.67-year term, with 5 reductions beginning on March 31, 2017. Under the terms of the swap agreement, $LM will pay a fixed interest rate of 2.3% on a notional amount of $500,000.
$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?