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$PDCO said net cash provided by operating activities from continuing operations was over $242MM in 4Q16, a growth over the first nine months of 2016. For FY16, the company generated cash flow from operations of about $195MM versus $205MM during FY15. $PDCO expects to return to converting between 85-100% of net income into free cash flow in FY17.
$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.