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$DKS ended 1Q16 with approx. $92MM in cash and cash equivalents and $158MM in outstanding borrowings on its $1Bil revolving credit facility. Capex was $73MM on a net basis and $89MM on a gross basis. $DKS paid dividends of $17.6MM and completed share repurchases of $50MM at an avg. price of $46.81 in 1Q16.
$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?