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$LEG 2Q15 Q&A: Budd with Raymond James asked about cash hedge impact on lawsuits. Karl says that total accrual at end of last year was about $89MM through 2Q15 and we hedged that about $20MM of that between now and 12 months from now. We think we'll probably have another $30-40MM of that accrual that's already on the books paid out.
$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?