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$FLR reported FY15 cash plus marketable securities of $2.4Bil. In FY15, company generated $849MM in cash flow from operating activities, returned $635MM to shareholders through share repurchases and dividends, and repurchased 10,105,000 shares. On Feb. 4, BoD raised the outstanding repurchase authorization by 10MM shares.
$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?