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$MHK's receivables ended the year at $1.3Bil with DSOs at 55 days vs. 54 days last year. These were slightly impacted by change in channel mix. Inventories were $1.6Bil and inventory days continued to show strong improvement at 112 days for 4Q15 vs. 116 days in 4Q14. Fixed assets were $3.1Bil and includes 4Q15 CapEx of $152MM and D&A of $94MM.
$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?