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At June 30, 2015, SPS had a $36MM letter of credit posted with Southwest Power Pool, a decrease from the initial requirement of $41MM. $XEL, NSP-Minnesota, NSP-Wisconsin, PSCo and SPS each have five-year credit agreements with a syndicate of banks. The total size of the credit facilities is $2.75Bil and each credit facility terminates in Oct. 2019.
$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?