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$PNR 2Q15 Call: Debt at 2Q15-end was approx. $3.3Bil, or $3.2Bil on a net debt basis, inclusive of global cash on hand. In 1H15, returned over 300MM in cash to shareholders in form of dividends and share repurchases. Completed $200MM in share repurchases during 1Q15 with $800MM left under current $1Bil authorization. ROIC ended the quarter at 10.9%
$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?