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During 2Q16, $XYL said that it had invested $25MM in CapEx and returned $28MM to its shareholders through dividends. The company's free cash flow was $59MM, a modest decline from prior year, reflecting increased YoverY spending on growth CapEx. $XYL said that it continues to expect to deliver at least 100% cash conversion for full-year 2016.
$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?