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$RIG said that the near term market outlook is challenging and the company at this point does not expect to see a meaningful recovery in rig activity before 2017. The company said it ended 1Q16 with $2.6Bil in cash and cash equivalents, reflecting cash flow from operations of $631MM.
$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?