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$STJ's total debt rose to $6,392MM at Jan. 2, 2016 from $3,852MM at Jan. 3, 2015. During 2015, the company issued $1.5Bil of unsecured senior notes and utilized proceeds of $2.1Bil from the 5-year, $2.6Bil Term Loan Due 2020 to finance a portion of its Thoratec acquisition. Additionally, $STJ entered into a 365-day, $175MM Term Loan due 2016.
$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?