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$MSI 2Q15 Q&A: Ferragu from Sanford Bernstein asked about in addition to $2Bil in buybacks & tender offer, are you expecting to buy anything else. Gino explained inclusive of the $2Bil tender, we now intend to repurchase approx. $3.5Bil in 2015. So after legal cooling off period, at the conclusion of the tender, we expect to be back in open market.
$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?