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$AVY said during 1H16 it repurchased approx. 2.4MM shares and paid $70MM in dividends. Net of dilution, the company has reduced its share count by 1.2MM for a net cost of $119MM, bringing the total amount of cash returned to shareholders so far in 2016 to roughly $190MM.
$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?