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$ISRG said it ended 2Q16 with cash and investments of $4.2Bil, up from $3.8Bil as of March 31, 2016. The increase was mainly driven by cash generated from operation and proceeds from stock option exercises. The company stated that it will continue to evaluate its approach to capital allocation as its cash builds.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.