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$CERN ended 2Q16 with $720MM in total cash and investments. During 2Q16, the company executed $50MM in stock repurchases buying back 938,000 shares at an avg. price of $53.30. Total debt including capital lease obligations was $585MM. Capex was $118MM in 2Q16.
$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?