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$CBS 2Q15 Call: Free cash flow in 2Q15 grew $435MM, up from $4MM last year. And for 1H15 free cash flow was $835MM, up $524MMM in the 1H14. We ended the quarter with $320MM of cash on hand. During 2Q15 we repurchased more than 30MM shares for nearly $800MM. As of June 30, we had $3Bil remaining in our 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?