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$IBM 2Q15 Call: Spent $700MM on acquisitions; acquired five companies in 1H15. During 1H15, returned $4.7Bil to shareholders; includes $2.4Bil in dividends and $2.3Bil in gross share repurchases to buy back over 14MM shares. June-end cash balance was $8.8Bil, up $300MM from Dec., but down from a year ago. 2Q15-end total debt was $38.7Bil.
$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?