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During the nine-month period ended Feb. 28, 2016, $GIS's cash provided by operations was $1,862MM compared to $1,561MM in the same period a year ago. The $301MM increase was due to a $388MM change in current assets and current liabilities, partially offset by a $192MM change in non-cash restructuring charges in the YTD period ended Feb. 28, 2016.
$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?