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$PX said that it achieved 25% operating cash flows as a percentage of sales and trimmed its capital expenditure by 9% from prior year. During 2015, the company also raised the dividend by 10% as part of $1.5Bil return to shareholders in dividends and stock repurchases. The company achieved this without using leverage as it held net debt flat.
$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?