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$LH's cash and cash equivalents at March 31, 2016 totaled $696.3MM. During the three months ended March 31, 2016, the company's operations provided $123MM of cash. Net cash used in investing activities was $151.6MM and net cash provided by financing activities was $3.9MM for the three months ended March 31, 2016.
$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?