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"We achieved more than $200MM in structural cost savings and returned $3.5Bil of capital to shareholders," said Greg Brown, Chairman and CEO $MSI. The company generated $414MM in operating cash flow from continuing operations during 4Q15, reflecting solid execution across all working capital accounts. Free cash flow was $370MM.
$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?