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At April 3, 2016, $HSY's cash and cash equivalents totaled $286MM. $HSY generated net cash from operating activities of $257.1MM in the first three months of 2016. Net cash used in investing activities totaled $49.2MM in the first three months of 2016. Net cash used in financing activities totaled $271.2MM in the first three months of 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?