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$RSG said its BoD approved a $900MM share repurchase authorization which extends through Dec. 31, 2017. This was added to the amount remaining under the prior authorization, which was $67MM as of Sept. 30, 2015. At current prices, $967MM represents over 6% of its outstanding shares of stock, $RSG said.
$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?