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$COST's net cash provided by operating activities for 1Q16 fell to $811MM from $1.13Bil in the previous year quarter. Net cash used in investing activities slid to $332MM from $653MM in the prior year quarter, while net cash used in financing activities rose to $224MM from $108MM last year.
$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?