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During 1Q16, $DIS' cash used in financing activities was $0.5Bil vs. $0.9Bil in 1Q15. This reflected repurchases of common stock of $2.4Bil, partially offset by net cash inflows from borrowings of $1.7Bil. The company expects FY16 CapEx to be approx. $0.8Bil higher than $4.3Bil CapEx in FY15, due to higher investment at the domestic park & resorts.
$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?