Want to join the conversation?
During 4Q15, $SLB generated $2.2Bil of cash flow from operations, bringing the full year total to $8.8Bil. This was all despite making severance payments of about $800MM during 2015. In light of strong cash flow generation, the BoD has approved a new $10Bil share buyback program, which will be effective upon completion of current buyback program.
$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?