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Raymond James analyst Greg Peters questioned about the board's perspective on the dividend outlook not being affected by lower 1Q16 results. $MCY CEO Gabriel Tirador said that $MCY has a strong capital position which helps it to pay dividend when the dividend payout ratio is above 100%.
$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?