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$ROP 2Q15 Call: Our free cash flow was $162MM a 24% increase over last year; and in first half of the year now, we’ve delivered $412MM in free cash flow, which represents little over 23% of revenue, and gives us a cash conversion ratio of 126%. In 2013 first half, we had $311MM, and just in two-year period, we’re up 39% in first half 2015 to $433MM
$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?