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$SLB said it generated $1.2Bil of cash flow from operations. The company added that its net debt increased $1.1Bil during 1Q16 to $6.7Bil. $SLB ended the quarter with total cash and investments of $14.8Bil. Cameron had $2.2Bil of cash at closing and the company paid the Cameron shareholders $2.8Bil in connection with the transaction.
$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?