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$HSIC generated operating cash flows of $107.4MM in 3Q15 vs. $174MM last year. The decrease was primarily driven by working capital and increases in accounts receivable & inventory. Further, the day sales outstanding was favorable at 40.6 days vs. 41.2 days last year, and inventory turns were slightly down to 5.7 turns vs. 6 turns last 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?