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At the end of 1Q16, $CAG's cash on hand was $114MM and outstanding commercial paper borrowings were $1MM. Total operating cash flows for 1Q16 of approx. $67MM were down from $234MM in the year ago quarter. 1Q16 CapEx was $108MM compared to $90MM in the prior year quarter.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.