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$DD 2Q15 Q&A: Jeff from JPMorgan asked about timing of ASR. Nick replied so with the ASR, we are going to initiate that very soon after the blackout period lifts for us on the earnings announcement today. The majority of $2Bil will be done very quickly from a share reduction perspective, but the close out of that ASR will be done by year-end.
$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?