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$STZ said that during 4Q16 the company repurchased 246,000 shares of common stock for $34MM. For FY17, $STZ expects organic net sales and operating income growth to be in the 10-13% range and expects to see positive operating margin benefits. The company also expects approx. $320MM in dividend payments for FY17.
$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?