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$FLR had cash and cash equivalents of $1.7Bil as of March 31, 2016. Cash provided by operating activities was $115MM for the three months ended March 31, 2016. Cash utilized by investing activities was $560MM. Capex was $49MM. Cash provided by financing activities was $171MM during 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?