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In 2Q16, $PLCE returned about $39MM to shareholders through repurchase of 454,711 shares and quarterly dividend of $0.20 per share. YTD, company returned about $86MM. At end 2Q16, about $192MM remained available for future repurchase. Also, BoD authorized a quarterly dividend of $0.20 per share payable Oct. 6 to holders of record on Sept. 16.
$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?