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$EA said its trailing 12-month operating cash flow was $1.05Bil, a record for the period. CapEx for the 12 months were $109MM, delivering a trailing 12-month free cash flow of $937MM. The company's GAAP digital net revenue for 1Q17 was $689MM, benefiting from a change in deferred revenues of $121MM resulting in $568MM on a non-GAAP basis.
$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.