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On Sept. 3, 2015, $FITB entered into a share repurchase agreement to purchase approx. $150MM of its outstanding stock which brought down the 3Q15 share count by 6.54MM shares. For 3Q15, the effective tax rate was 26% vs. 26.1% in 2Q15 and 26.7% in 3Q14.
$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?