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$KMB said its cash provided by operations in 2Q16 was strong at $860MM, up 11% YonY. The company added that on adjusted return on invested capital, halfway through the year it is up 100 BPs, and $DHR is on track to easily exceed its long-term goal of 20-40 BPs of annual improvement.
$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?