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$CHD expects $640MM of operating cash flow for full year 2016, which is $10MM better than the company's previous outlook of $630MM. The company continues to expect $55MM of CapEx for the full year 2016, which equates to $585MM of free cash flow, representing 125% plus of free cash flow conversion.
$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?