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$HRL repurchased 1.1MM shares of common stock spending $38.6MM in 3Q16. The company has 14.3MM shares remaining to be purchased from the current authorization in place. CapEx totaled $66MM, compared to $41.8MM last year. For FY16, CapEx is expected to be approx. $250MM.
$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?