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$COL's CFO Patrick Allen said that 2Q16 sales declined 2% year over year, primarily due to lower government system sales. Through 2Q16, the company generated $45MM of operating cash flow compared to $132MM last year. The decrease in cash generation resulted from lower pretax earnings and net unfavorable changes of working capital.
$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.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.