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$TROW's 1Q16 net cash used in financing activities were $312.7MM vs. $205.4MM in 1Q15, offset by $270.8MM in cash provided by consolidated sponsored investment portfolios from net subscriptions received from and redemptions/distributions paid to redeemable non-controlling interest holders. $TROW expended $93.1MM more in common stock purchases.
$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?