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In 4Q16, $BNED repurchased 865,427 shares for approx. $8.5MM. During 4Q16, the company did not borrow under its credit facility. Capex in 4Q16 was $13.1MM. The company had $29MM in cash and no debt outstanding at the end of FY16. For FY16, cash flow from operations was $82.8MM.
$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?