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In real estate savings, $MDT closed over 60 facilities, mostly redundant field offices or distribution centers. In 1Q16, $MDT delivered $1.1Bil of free cash flow, after adjusting for certain litigation and non-recurring tax payments. $MDT announced a 25% increase in its dividend, the 38th consecutive year of increasing dividend.
$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?