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$MON held cash and cash equivalents and short-term investments of $3.75Bil at Aug. 31, 2015, of which $1Bil was held by foreign entities. In addition, $MON intends to indefinitely reinvest about $4.7Bil of the $4.9Bil of undistributed earnings of its foreign operations that existed as of Aug. 31, 2015.
$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?