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$CMA said that the Federal Reserve has completed its 2016 Comprehensive Capital Analysis and Review and did not object to its capital plan and capital distributions contemplated in the plan. The plan includes equity repurchases of up to $440MM for the four-quarter period commencing in 3Q16 and ending in 2Q17.
$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?