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$MS repurchased about $625MM of its common stock or about 23MM shares during 2Q16. The company announced a share repurchase of up to $3.5Bil of common stock beginning in 3Q16 through the end of 2Q17. In addition, the BoD declared a $0.20 quarterly dividend per share, payable on Aug. 15, 2016 to common shareholders of record on July 29, 2016.
$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?