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$PGR's 2015 share repurchases were somewhat modest, at 7.3MM shares, in part due to a stronger performance of its stock. The ARX transaction consumed $877MM, and the shareholder dividend for 2015 performance returned $519MM to the shareholders. The company's debt-to-total capital ratio at year-end was around 27%.
$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?