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$SJM's total cash and cash equivalents at January 31, 2016, was $140.5MM. Cash provided by operating activities was $1.12Bil in the first nine months of 2016. Cash provided by investing activities in the first nine months of 2016 consisted primarily of $193.7MM in proceeds from the US canned milk business divestiture offset by $160.8MM in Capex.
$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?