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$BWA said it maintains various liquidity sources including cash and cash equivalents and the unused portion of its multi-currency revolving credit agreement. At March 31, 2016, the company had $392.3MM of cash, of which $377.8MM of cash is held by its subsidiaries outside of the US.
$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?