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$AES stated that it generated $417MM of proportional free cash flow, an increase of $355MM from last year. Significant working capital improvements mainly at Maritza in Bulgaria, offset lower margins. The company earned $160MM in adjusted PTC during 2Q16, a decrease of $100MM.
$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?