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The world's largest oilfield services company $SLB said during 1Q16 it spent $475MM to repurchase 7.1MM shares at an average price of $67.43. Excluding the impact of Cameron, full year 2016 CapEx is now expected to be approx. $2Bil. Cameron's full year 2016 CapEx is expected to be approx. $200MM, of which $37MM was spent during 1Q16.
$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.