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$WRK reported higher 1Q16 net cash from operating activities, due to impact of the RockTenn and MWV combination and the reduction in working capital. Cash and cash equivalents were $236.9MM at Dec. 31. In 1Q16, $WRK repurchased about 2.1MM shares for $94.3MM. As of Dec. 31, company had about 32.5MM shares available for repurchase under the plan.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.