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$IFF said that its operating cash flow in 1H16 was $155MM compared with $166MM in the prior year period. This change was driven by the company's core working capital levels being challenged, mainly by the timing of payables within a YoverY period. The company still expects this impact to normalize as it progresses throughout 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?