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$TXRH ended 2Q16 with $95MM in cash & $51MM in debt. Through 1H16, the company generated $114MM in cash flow from operations, incurred CapEx of $69MM & increased debt by $25MM. The company also used $25MM to pay dividends & $4MM to repurchase stock. Dec. sales are expected to be negatively impacted, as Christmas Eve falls on a Saturday this year.
$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?