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$SXI said that the net working capital at the end of 4Q16 was $132.3MM compared with $138MM a year earlier. The decrease was mainly related to lower overall sales volume in Food Service and Engineering Technologies segments in 4Q16. Working capital turns were 5.9 versus 5.8 a year earlier.
$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.