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$PX's net cash provided by operating activities for 1Q16 rose to $547MM from $508MM in the previous year quarter. Net cash used in investing activities decreased to $384MM from $400MM last year, while net cash used in financing activities increased to $113MM from $100MM in the prior year quarter.
$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.