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Houston, Texas, headquartered $PSX said the company generated $722MM in cash from operations. The company made good progress on its major growth projects. In 1Q16, capital spending was $750MM, with approx. $450MM spent in Midstream, primarily on growth projects. And at quarter-end, net debt to capital ratio was 23%.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.