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During 2015, $AVB entered into $600MM of forward interest rate swap agreements to reduce the impact of variability in interest rates on a portion of its expected debt issuance activity in 2016 and 2017. At maturity of the agreements, the company expects to cash settle the contracts and either pay or receive cash for the then current fair value.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.