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$LYB said that its maintenance and growth capital investments rose to $527MM during 1Q16. Also during the quarter, the company increased its cash and liquid investment by $577MM to end with a balance of about $3Bil. $LYB repurchased 12.3MM shares during the quarter and at the end of 1Q16, the company had approx. 3MM shares remaining.
$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?