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$HON reported a rise in cash provided by operating activities of $430MM primarily due to a $489MM favorable impact from working capital & a $382MM rise in net income before the non-cash pension mark-to-market adjustment. Cash provided by financing activities rose by $2.374Bil due to an increase in the net proceeds from debt issuances of $3.648Bil.
$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?