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$TGT said, during 2015, it used a portion of the $1.9Bil cash consideration it received from its pharma sale to $CVS to buy back shares of its common stock and settle approx. $200MM of retained pharmacy and clinic net liabilities. $TGT said it expects to use the remaining proceeds to pay approx. $500MM of related taxes and repurchase shares.
$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?