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$ROK's cash provided by operating activities was $399.3MM in 1H16 versus $553.4MM in 1H15, and free cash flow was $347.9MM in 1H16 compared to $502MM in 1H15. The decrease in cash provided by operating activities and free cash flow was mainly due to lower net income and an increase in working capital in 1H16 compared to a decrease in 1H15.
$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?