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In 1Q16, $LMT's segment operating profit was higher than expected at $1.2Bil. The company generated $1.6Bil in cash from operations and returned $1Bil of cash to stockholders, about equally split between share repurchases and dividends. Free cash flow was $1.4Bil.
$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.