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In 2Q16, $LLTC generated cash flows from operations of $157MM or 45% of total revenues. Company returned a total of $96.1MM to shareholders in the form of dividends of $73.5MM or $0.30 per share and stock purchases of $22.6MM totaling 0.5MM shares.
$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.