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During 3Q15, $LH's operating cash flow was $288MM, which up approx. 64% from last year. The increase was due to the Covance acquisition and improved earnings. Capital expenditures were $68MM, up from $53MM last year due to Covance. Free cash flow was $220MM, up from $123MM last year.
$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?