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$LUV said it generated strong free cash flow of $1.1Bil in 2015, allowing it to return $1.4Bil to shareholders. Based on current outlook, $LUV expects strong free cash flow to continue in 2016 and intends to repurchase an additional $500MM of its common stock under accelerated share repurchase 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?