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During 1Q16, $SCG's cash flows from financing activities included normal dividend payments which were more than offset by increases in commercial paper balances. Similar financing activities in 1Q15 were offset by use of proceeds from the sales of CGT and SCI to reduce $SCG's long-term debt and reduce Consolidated SCE&G's short-term debt levels.
$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?