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$TXT's cash flows from operating activities for 9 months of 2015 fell $150MM from last year, largely on unfavorable change in working capital, partially offset by higher net income. A significant factor contributing to working capital change was rise in cash used for inventory at Textron Aviation and Textron Systems to support sales growth.
$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?