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During 1Q16, $EOG's net cash provided by operating activities were $292MM, down vs. 1Q15, mainly due to decreased wellhead revenues of $665MM & an unfavorable change in net cash received from settlement of commodity derivative contracts of $350MM. This was partially offset by decreased cash OpEx & favorable change in net cash paid for income taxes.
$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?