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In 3Q15, $LVLT generated free cash flow of $247MM and expect to generate $600MM to $650MM of free cash flow for the full year 2015. CapEx was $328MM during the quarter. As of Sept. 30, 2015, $LVLT had cash and cash equivalents of about $691MM.
$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?