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$PCLN said the company used its cash during 1Q16 to repurchase 202,000 shares of its common stock for $259MM. CapEx was $53MM for the quarter and cash and investments amounted to $11Bil at March 31, 2016, with about $700MM of the balance in the US.
$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.