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In 2Q16, $UAL repurchased $694MM of common stock which represents 4.4% of shares outstanding. As of June 30, 2016, the company had $255MM remaining under its existing share repurchase programs. The BoD has authorized an additional $2Bil share repurchase program.
$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.