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In the first nine months of 2015, $MHFI's free cash flow was a negative $497MM. However, $MHFI remains on track to generate free cash flow of greater than $1.1Bil for full year 2015. During 3Q15, $MHFI repurchased approx. 2.3MM shares, bringing the YTD total to 4.9MM shares. It has remaining authorization to repurchase up to 40.6MM 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.
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?