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$STX's cash and cash equivalents and short-term investments as of Jan. 1, 2016 fell to $1.26Bil from $2.49Bil as of July 3, 2015. This decline was as result of net cash outflows for acquisition of Dot Hill, repurchase of ordinary shares, dividends paid, and capital expenditures. These were partially offset by cash provided by operating activities.
$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?