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During 4Q15, $NOC said it repurchased 1.6MM shares of its common stock for $283MM. The company reported cash and cash equivalents of $2,319MM. $NOC generated $1.6Bil from operating activities during 4Q15 and free cash flow came in at $1.5Bil. The increase was due to lower cash taxes.
$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?