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$APA said it ended 2Q16 with $1.2Bil in cash on hand, which is an increase of approx. $200MM from the end of 1Q16. The company is rebuilding its cash position back towards the $1.5Bil that it had at the start of the year. This is consistent with the company's goal to end 2016 with the same or lower net debt than it began the year with.
$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.