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Cash flows from operations of $MSFT rose $1.5Bil to $14.2Bil for 1H16, mainly due to lower opex. Cash used in financing rose $1.7Bil to $4.1Bil, mainly due to a $3.4Bil increase in cash used for common stock repurchases and a $489MM rise in dividends paid. Cash used in investing fell $4.1Bil, mainly due to a decrease in cash used for acquisitions.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.