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$HRL's cash used in investing activities was $21MM in 1Q16 vs. $2.8MM in 1Q15. CapEx rose $5.8MM vs. 1Q15. The company currently estimates its FY16 CapEx to be approx. $250MM. For 1Q16, $HRL's cash used in financing activities was $227.5MM vs. $49.4MM in 1Q15.
$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?