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$THC 2Q15 PR: Cash and cash equivalents were $299MM at June 30, 2015 vs. $193MM at Dec. 31, 2014. AR days outstanding were 50.7 at June 30, 2015 vs. 49.5 days at Dec. 31, 2014. Adjusted net cash provided by operating activities was $467MM; after subtracting $175MM of CapEx, adjusted free cash flow was $292MM.
$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?