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$AIG's net cash used in operating activities for 1Q16 was $968MM compared to cash provided by operating activities of $388MM last year. Net cash provided by investing activities rose to $385MM from $314MM in 1Q15. Net cash provided by financing activities was $453MM compared to cash used in financing activities of $604MM a year ago.
$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?