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The Richfield, Minnesota-based $BBY said in FY16 the company returned $1.5Bil in cash to its shareholders. Going forward, in FY17, the company said it is investing to be the leading technology expert and in 1H17, $BBY is expecting revenue declines, followed by growth in 2H17.
$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?