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San Jose, California-based $CSCO said it continued to generate strong operating cash flow of over $3Bil in 3Q16, returning nearly $2Bil to shareholders through dividends and share repurchases. The operational changes the company continues to make will further enable its customers to leverage a strategic role of the network.
$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?