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$VAR ended 3Q16 with cash and cash equivalents of $836MM, debt of $701MM and stockholdersâ equity of $1.7Bil. Cash flow from operations in 3Q16 was $95MM. $VAR spent $126MM to repurchase 1.5MM shares and $95MM to reduce debt. Capex was $15MM in 3Q16.
$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?