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$SEE 2Q15 Call: Free cash flow was a source of $171MM for 1H15, excluding $235MM tax refund received related to the growth settlement. Free cash flow was a source of $119MM for 1H14. For 13-month period ending June 30, 2015, avg. for operating working capital as a percent of net sales was 16%, a 250 BP improvement vs. June 30, 2014.
$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?